The 3500 RPM is only a number that applies during the stall condition, car not moving, engine reving like crazy against the brakes. Once you are moving the output of the converter is turning as is the input side. A good converter will "lock up" to the point where the output is turning ~90-95% of the input speed at fairly slow speeds, well below the stall speed. Remember the stall speed is at WOT while stopped. Once both shafts are turning the behaviour changes.
To answer your question, at 3500 above or below, nothing actually changes. Also none of this has anything to do with it being a lock up style or not. The lock up style has an actual clutch to remove all of the slip so that input and output speeds are identical which saves gas. People here force it to lock up for the purpose of improving strip times and speed something the factory never originally intended. Forcing it to lock up will wear it out sooner. Its a trade off.