Yes, you would be correct on that one...
Well, you may notice a small RPM change cruising at 2000 with a 3500 RPM converter...Not much though..I draw the line at 4500 RPM's on the street. I had about a $750.00 4500 RPM converter and it never actually got locked in just cruising with 3.73 Gears.(Mustang GT with 302, and C4).. I'd burn the fluid BLACK going to town..(25 miles)..But, that thing was a beast for about a car length, then I was out of motor...
The Biggest Change when going from stock to say a 3500 Converter is the WOT throttle stomp from a dead standstill..Your tires will go up in smoke without traction aids...However, there are converters today that are rated at 4000 RPM's, but will "lock up" with the help of a lock up clutch for the newer O/D transmissions and are just like having a straight drive when locked in..(Small clutch inside converter that is hydraulically locked by a switch)
The one thing you do not want to do is run a NON-Lock up High Stall converter with an Overdrive trans.
The converter will never quit trying to multiply the torque when in the tall Overdrive gear, and will overheat the trans fluid cooking the trans.
High Stall converters are constantly slipping to a degree..About the only time they are most efficient, is when you are up in the RPM's..Ever heard a race car When it's coming back down return row and the driver kinda tries to "Hop" the car? A stock car just kinda lugs and every time the gas is hit it tries to take off emediately, where the race car revs Like WAAA! WAAA!
The "Flash" stall of a converter is where it will go in RPM's when you are on the brake and just blip the thottle and see where the car will rev to and no more. In a stock car, the tires will probably not begin to spin at stock stall speed. The car just kinda revs up to a certain point and it won't rev any more beyond that. Around 1800-2200 depending on stock converter...
With a high Stall Conveter, the car tries to rev to the say 3500 RPM stall speed, but the tires usually break loose before it gets to it as the amount of torque being multiplied has almost tripled..
Another way to explain this would be the Diesels...Ever been in a diesel truck? How bout when you get on the thottle and the truck acts like it doesn't want to move until you've rev'ed it a bit high? that is what a High stall converter feels like. Would really need to know your cam specs and the powerband of the cam before I could tell you about the stall speed...If the range on the cam was 2500-5500, then I'd recommend a 3000 Stall.