400-500rpm would be a lot on a like for like. I've found very little change in rpm and maybe a couple of MPH improvement at the top end. The blades don't flex as much but they're thinner and present less rotational resistance.
I did find the slip from a vented Laser 11 let me push the pitch a bit further without compromising hole shot. (compared with the Vengence I took off).
40mph+ with a 15" would have to have a unusual gear ratio at 5500.