Biggest issue here guys is this- torque convertor lock-up.If lockup convertor is locked, good plan. If not, low rpms probably cause convertor losses/much fluid heating-bad gambit.
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When not locked up, the convertor creates a lot of heat from fluid shear. Also, on many (GM and Dodge for sure, but probably most others) transmissions, fluid does NOT circulate through the cooler until the convertor locks. Essentially, you're making more heat and getting rid of less...
OD is OK so long as-
you don't constantly lock and unlock the convertor or keep it unlocked
you're near peak torque
your trans temps are ok
In my truck (Dodge 5.9 w/ 4.11s, 33" tires, auto obviously, a few bolt-on mods) I kick the OD off when I'm towing below about 65mph- basically anything other than cruising the interstate. I seem to get about the same MPG (about 10) no matter which way I set the trans.
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