8.8 3.73

I have a '69 Valiant 2dr that will be running a 340, 833 OD set up. My desire is to have a street car, cruiser, with occasional tire chirper when light goes green. Tire size I am planning on will be around 27". I have read many calculations on final gear ratio on the diff, but was wondering if anyone that is running a 3.73 can chime in and let me know the pros and cons of that set up? thanks!