3.73 gears and 35's isn't that bad of a combination on the highway...Keep in mind the the OP mentioned maintaining speed on hills while driving on the highway and not fourwheeling or taking off from a stop..
...towing a 4000lb+ boat. If it was unloaded, sure, 3.73's and 35's would be fine. Plenty close to my 3.42's and 33's. I get "great" economy BTW, and I can climb any mountain pass here at 60-70MPH, but not towing.
I don't think of OD as a factor when towing. If you are towing, and need the RPM's, it or you downshift. No different than with a manual. The difference is, with OD, you can get the 1:1 ratio in a range that isn't pushing the engine to its RPM limits at hill-climbing freeway speed (via gearing). Gearing is an all or nothing proposition without OD...either you deal with extremely high RPM's at freeway speeds, or you deal with sluggish performance.
I just calc'd the numbers:
Assuming 1:1 (excludes torque converter slippage which is probably a factor) the OP is turning 2148RPM at 60MPH now.
With 4.88's, 35's, and the 4L80E (for an OD example), the 1:1 RPM becomes 2811...but OD puts it back to 2192, almost identical to what he is running now.
No one here is likely to argue that 2800RPM is too high to run a SBC, GM didn't. Not what I want to run all day, every day, but if that's what it took to pull my load through steep terrain at a more reasonable speed, and I could cut that RPM nearly a third with one gear shift, I'd take it. I don't think it's likely the SBC is ever going to feel like it's a powerhouse pulling that load, but increased mechanical advantage is going to help.
In the past I thought 4.88 was a crazy ratio to run. With OD, it makes absolute sense, especially for guys running larger tires. Being able to run those gears, with large tires, and pull the same RPM's as you did with 3.73's, is kind of a no-brainer IMO. The benefits to steep gears are many, the penalties are none if you have the OD to make up for them.
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