Did a few calculations and I'm pretty sure that my combo isn't too bad after all:

3.09 first x 3.23 rear = 9.98:1 final ratio - pretty close to the ideal 10:1 everyone is talking about.

rpm drop between first (3.09) and second (1.92) isn't too dramatic either: 37.9% vs. 40.8% when using a TF727 (2.45 first to 1.45 second).
When shifting at 3500 I'll drop down to 2170 which is ok.