What they said...
but remember you need to consider everything from the engine power band, the transmission ratio, the rear ratio, and the tire diameter. You have to consider the axle as part of a system. Its a whole system, that said, a lower rear gear will provide greater off the line push, but may not make you any faster if the engine doesn't have the power in the right rpm range. In a stock vehicle with offerings of multiple gear ratios the lower geared vehicle should have better off the line performance.
Consider this: the 4r70W has a 2.84 first gear, and the A4LD (both transmissions) has a 2.46 first gear if they both are installed in a vehicle with a 3.55 rear the first gear gearing is quite different - 10:1 for the 4R70, and 8.7:1 for the A4LD, to match the gearing of the 4R70 the rear in the A4ld vehicle would have to be lowered to around 4.10s to get the same gear reduction. One part of the system.
If you "Mod" your engine with cams, filters etc and raise the rpms at which you create power you will need more gear to get into your power range. A stock vehicle with 3.55s and some mods, may have more power at 300-400 rpm higher, so a switch to some 3.73s can get the engines power to the ground. A stock vehicle offered with different engines in the same chassis make power in different rpm ranges , manufacturers use the rear axle to "even" out the drive train.
Just some things to think about