This topic has been discussed many times since the 3rd gens came out, and even before. I don't know what is soooo wrong with 3. 55's, I wouldn't want 410s in my tow vehicle. This being said, I've never personally towed in the mountains, but I still fail to see what's wrong with this gear. It works great when towing on 55-60 mph roads, I just run 4th gear about 58, and then on the interstate I run 5th and tow at 70-72 mph. This is even with my current 305 tires, which are a shade too tall. The next tires will be 31-32" tall tire, instead of this true 33" tall tire.
My F750 service truck has 410 gears, 22. 5" rims with high profile tires, a 7 speed OD transmission, and it runs very similar to my dodge. If towing a trailer+all the tools on my F750 work truck it will run 6th or direct at 55, and pull every thing else in OD at 1800 rpms. That's with a 7 liter Cat.
IMHO the only trucks that NEED 410s are the ones towing heavy on the farm(short distances, no interstate), towing heavy in the city(stoplight to stoplight), or possibly the mountains. The ones that run more highway and interstate highways need taller gears to run higher speeds and cruise. Just like OTR trucks do.
Now this all being said, opinions are like armpits, everybody has them and most stink. I tow heavy, frequently, in a lot of different conditions, from hauling hay out of fields, rock out of rockquarries, to 2 lane 55 mph southern Iowa hills, and 70 mph plus interstate jaunts for hours at a time.
If I were looking at a 3rd gen, I would really HATE the current six speed combo, just do to hi rpms at 70 rpm. With the current 6 speed, I think the 3. 42 would put it simalar to older trucks with 3. 55's. I wish I could afford a 3rd gen, as it would be the wife's ride and pull the pulling trucks around the country side hauling the family. My standard cab can do all that except haul the family.
Michael