Ya it has a two speed in it [8D]. With the picco .28, I am limited on gearing at the moment since the motor winds out completely and she won't go any faster haha! This is with the gearing that comes with the 2 speed conversion kit (the purple anodized ones), do you know if a taller gear ratio exists for these things?? I must say, the power of the picco is unbelievable in such a small car; going from an os .18 tz (which is no weak small block by any means) is a night and day difference. Although I don't believe these trucks are meant to reach such high speeds as any small bump practically makes the thing take flight! I am thinking a good aerodynamic body may help with this, you got any suggestions??