The fact is, a lower gear ratio gives you better torque multiplication(power) when you need it.
An easy way to describe it is using a tiny ratchet wrench to turn a nut vs using a big breaker bar. The little ratchet may give you less overall turns(rpm), but requires more force to move it. The breaker requires alot less power, but needs to turn more to be efficient.
I have a 3.08 rear end in my truck and hate it. Every little hill i drop a gear just to keep up. Ive been prowling the junk yards for a 3.73 for the right price for a while now