A poorly made convertor just slips all the time, like a slipping clutch does with a stickshift and hurts your MPH when you race and your gas mileage
all the time. It also creates a lot of heat inside the tranny.
A well built convertor matched to the TQ of the motor will act much like a decent stocker with a little stall, even if it has a 4,000rpm stall speed, but when called on will stall at it's rated RPM. Otherwise, you will hardly ever notice it's there.
Any company selling convertors with a rated stall for any motor the tranny bolts to doesn't know how to build a convertor. A low compression 340 will have a completely different stall than a 440 with high compression with the
same exact convertor. I would avoid any convertor company that doesn't even ask, or sells a "One convertor fits all and has XXXX stall speed" product.