I suppose it depends on whether or not the gearbox on the sprocket end of the cable steps up the speed or down. From what I recall with my TZR which has a mechnical rev counter drive, it turned very slowly. Or course, this probably has no bearing on how fast the speedo drive will turn, but I would have thought slower would be better. Less wear, less chance of it blowing to bits if there's an issue, etc. Fairly easy to work out. Rotate the gearbox end and see how many times the speedo end turns, or vice versa. You've obviously got three possible outcomes. If it does slow it down, you're on to a winner. Getting the screw out of the speedo drive to release the cable is a total pain mind you...
Oh, and would it damage the speedo if you find the drill can then get you to silly mph? Will something get mashed inside it if the speed keeps increasing if the needle has found the wrong side of the 0mph stop?