Ok, so here's the math I used to get where I'm at now. Hopefully someone can take the uncertainty out of this so I can stop stressing it.
At the lowest gear setting the front and rear gears on the bike are 1:1 so those aren't included in the diagram or the math, and a 30t 35 pitch sprocket is nearly the size of those gears, so it's not worth complicating the math with them, so let's just assume it is 1:1 from the end of the diagram out.
I use:
http://www.diygokarts.com/speed-calculator.html
31t / 11t is 2.72 ratio, and this ratio drop happens twice, so you add the 2 ratios together and you get 5.42. Since the shaft on the bicycle crank will be spinning 5.42 times slower you take the expected shift RPM and divided it by this number.
6000RPM / 5.42 = 1107RPM
Enter the tire size of 24 into the calculator, the RPM of 1107 , the axle sprocket size of 5.42 and the clutch sprocket size of 1.42. The calculator basically makes a ratio of these two numbers, so it makes it easier to just give it the ratio here.
Hit convert and you get 13 MPH top speed in first gear.
I don't trust my math though.
I believe that a 1 way drive sprocket like this would allow me to attach pedals and turn it back into a pedal bike.
http://surpluscenter.com/item.asp?UID=2008092306301436&item=1-1594-A&catname=
or am I visualizing it wrong?