PROM is the engine-specific calibration in the ECM. (It's what is talked about when companies try to pawn "performance chips")
Big difference between mech clutch and hyde. is technology. One was probably designed about 150 years ago, one was designed maybe 40 years ago. /forums/images/graemlins/smile.gif
Really, there is less to do with that swap (especially on a newer truck) and the hyd. clutch is not affected by movement of the body/frame, etc. Ask people that have driven both on these trucks, and I believe you'l see the hyd. reigns supreme for driveability.
Not that mech. clutches can't be good to drive, just less likely from what I've seen.
I'd really be focusing on the problem with VSS/Speedo though, instead of the clutch, these clutch assemblies aren't too hard to find, as long as you can get a bellhousing and pedal assembly, the rest can be purchased new. Converting a 205 to a tone ring setup (or finding a 90-91 K30) is more time consuming.