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A truck that has a 3.55:1 gear ratio means that the driveshaft will have to spin 3.55 times for every 1 rotation of your wheel. Likewise, a truck with a 3.73:1 rear end, the driveshaft will have to make 3.73 rotations to complete one revolution of the wheel. What does this mean? The 3.73 will have better launching capability, as well as slight towing advantage (mechanical advantage...think of these working like a lever). The 3.55 will theoretically be better for highway driving, since you wont need to spin the driveline as fast as with the lower gears. In all actuality, I have found the 3.55s to be too tall for trucks, and far prefer 3.73s for everyday use. As for limited slip, that is a carrier that sits in your rear axle housing, which directs force to your wheels. Most standard trucks come from the factory with what we call an 'open' differential. There is no traction modifying device installed. The engine power will be directed towards the wheel with the least amount of traction. With a limited slip, or locker unit (diff from limited slip), those both direct power to both wheels evenly, to provide equal traction to both wheels. They have their pros and cons. They give great traction for when you are towing a trailer, pulling a boat out of the water on a slippery inlet, and general offroad use. The con is that they can provide unwanted performance in icy conditions. Since they want both wheels to be spinning somewhat the same, when you encounter ice, that can cause the rear to break loose. I personally love limited slips, and have one in my current truck. As for who would win...that has so many variables, its not even funny. Are you running the exact same tire sizes, rims, transmission gearing, octane, cubic inches, driver skill, vehicle weight, etc and so forth.
thank you this was helpful to me, i wasnt sure what limited slip meant. my scab came with 3.55 gears and lim slip as an option.About how many rpm's you run at seventy?