The ratios are 1st - 3.06, 2nd - 1.63, 3rd - 1.00, 4th - .69, I've actually seen OD listed as .69 and .70, seems to depend where you look. I have heard people say just what you did, that the 700R4 has a ridiculously tall OD ratio, but if you compare it to other automatics of it's time period for example Chrysler's 42RH & 42RE both ran a .69 OD & the Ford AOD .67 OD so it's right there with them.
So with 4.56's in OD I'd hit 3,000RPM at 87MPH. 75MPH, 2,500RPM I'd be comfortable cruising that 2.5K RPM all day, even a little higher, but I know it's going to kill the highway MPG. It's all a compromise, isn't it.....
Oh 100MPH would be 3,495RPM, so yea I could hit that if need be but not an all day drive. I know SBC doesn't mind cruising with some RPM but that's a little much.