To be honest, I don't believe your trans would start acting up as a result of your speedo crappin out.
It makes perfect sense. The VSS (vehicle speed sensor) is used by the PCM to decide when to command the transmission to shift when not under hard acceleration. Under hard acceleration it uses the engine's RPM to decide when to shift.
2004 Impala LS - got some mods sold!!!
2009 Subaru Impreza WRX STI
NAIOA moderator Still Imp'n, just in a different Imp.