Well, I timed the car on the way home from work this afternoon, and it went from 48-62mph in 3 seconds (in 3rd gear). Took about 1.5 for 48-55, so apparently my estimated 55mph avg speed was correct.
Also wanted to add that I've been using that same technique of measuring whether there was a power gain for several years, Dick. I use a 2000-5000 rpm run in 3rd gear and a 2000 rpm to redline/ rev limiter in 2nd. I've cut about a second off each time from when the car was totally stock.

And the flywheel actually contributed about 0.3-4 sec of that!
About the downshifts - one of the reasons I went back to the stock diameter last year was because I was having such a big problem deciding WHEN I should downshift once I had shifted to 3rd. Some spots, I would downshift only to be right back on the rev limiter again; but if I tried staying in 3rd I ended up almost spinning because I was so used to controlling the car with the throttle. At the test&tune on Sunday we had a 3rd gear sweeper into a medium-fast slalom, which I mostly downshifted for (and upshifted again when exiting), but ran through a few times in 3rd. Felt really weird, but the times were about the same either way.
Definitely looking forward to trying some different things this year.