That makes no sense at all. Yes it has less rotational mass but it's still going to be revving the same amount at any given speed.
+1, what your saying verm doesnt logically make sense to me either.
RPM = revolutions of crankshaft per minute
Your speed is based off how many revolutions per minute the crank shaft is spinning and whatever the final gear ratio ends up being through the trans, rear end, and tire height.
Reducing weight on the flywheel and driveshaft will make the car accelerate easier but the crankshaft will still have to spin at the SAME RPM to get the rear end gear to spin at whatever speed it takes to make the car go 70 mph. There is no way around that.
Speed is dictated by the motors RPMS and gear ratio, not load.
At least when it comes to a manual transmission.
My cruising RPMs on the highway should drop when I put my lightweight drag wheels on going by your theory. I can tell you that they do not. lol