Yep. E bodies are crazy heavy, hard to figure. By '74 A bodies had all the 5mph crash stuff saddled on them so it makes sense that one is as porky as it is.
Maybe a 1/10th? It's only a 10% difference between the two gear ratios so I doubt the 3.55 would amount to much.
Those are the historical benchmarks, have to start somewhere. Radials may not slip as much but the stiffer sidewall does not allow as much of a contact area. 6 of one, 1/2 dozen of the other.