Yeah, all of these descriptions seem odd to me (I have a 68 RFE), and at least when I pay attention, my EB comes on every time I let off the go pedal, unless I am below 1100-1200 rpm range, and of course, the gear you are in will determine what that rpm is.
With that said, I believe that when I am going down hill, cruise control on, EB off, it tends to shift down more often to maintain speed, and it doesn't always immediately upshift at the bottom of the hill unless I accelerate, but it does on it's own eventually.