We're overlooking one of the advantages to 4 & 5 speed manuals
Ah, you shouldn't
swear it's your last word! This is a thread on tranny selection! There's lots of room for discussion - and I might say something you hate!
Poor
dinosaurs loving to
have to shift forget the big advantage in 4-speed manuals over 3 speed autos...
...and that's
more gears to run through to keep in a more optimum RPM range.
That, more than any loss from slippage in the torque converter is the source of usual advantages.
"Usual" until you include in the mix 5- and 6-speed single and double overdrive manuals and 4- and 6-8 speed and even more single and double overdrive autos, some with gear splitters (not to mention lock-up torque converters.)
These can eliminate any performance-level advantages to the manuals and give greater drivability.
As far as "pure speed", you can forget that with no overdrive, in either a manual
or an auto, unless you have such a low rearend or huge diameter rear wheels, you need a million HP to accelerate like a Geo Metro.
I still wonder at the overall system vs. system weight difference too. What does an M21 with clutch weigh vs. a Turbo 400 with cooler and lines and such? I suspect the auto is considerably heavier.
The 4-Speeds do bring a somewhat higher price on resale of collector, restored or survivor cars.
If my main interest was original condition C3's, I'd have to consider a 4-speed, although I think drivability would still point me to the 3 speed auto until I could uprade it to an OD auto (which is what I've done.) That may be at the root of this too - I only ever want what works best and don't care where it comes from or whether it existed as an original option even a decade after mine came out.