I would put the chip redline chip at 5500 rpm.
Figuring out shiftpoints is the fun part..having a safe redline limit is more important. I ran stock rod 455's with zero issues for years..the biggest reason it lasted was a rev limiter or it would have grenaded many times.
My current engine has a 6500 redline limit for the valvetrain..and to be a few hundred rpms over shiftpoints.
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466 Mike Voycey shortblock, 310cfm SD KRE heads, SD "OF 2.0 cam", torker 2
373 gears 3200 Continental Convertor
best et 10.679/127.5/1.533 60ft
308 gears best et 10.76/125.64/1.5471
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