Large effect? 1 to 2 mpg I suppose could be large to some but for the benefits of a 3.92 its by far worth it imo only.
Large. Eh. Maybe "noticeable" woulda been a better way to say it.
Some others have noticed earlier that the drivetrain ratios for someone with a 3.21 in 7th gear turns out to be very close in engine RPM's to a 3.92 in 8th gear. Granted, losses between 7th and 8th may not be identical, and the engine RPM match is not perfect, but it still seems this is a relatively good way to directly compare the difference in economy.
So... I tested this... in my Hemi Durango. I wish someone with 3.21's in a Hemi Ram would also.
My Durango has the prior gen 8-speed (8HP70) but the gearing is still the same. Rear axle is 3.09. Hemi engine, obviously non-etorque. I chose a stretch of flat highway about 15 miles long with no traffic. I ran it two times back to back, both at 65 mph with the cruise set, once in 8th gear and the other in 7th. 7.5 miles out and 7.5 miles back; identical loops both times. My result?
8th gear = 26 mpg indicated
7th gear = 23 mpg indicated
My indicated is typically a couple mpg's higher than hand calculated, but regardless, a noticeable delta exists... 13%. Some might call that large.
In my humble opinion there's a lot of mis-comparisons and unqualified statements thrown around... leading people to extend discussions and draw conclusions based on things that may not warrant doing so. And we all know what happens when we hear something often enough; fiction becomes truth.