By far and away the cheapest solution is to move up in tire size. Regearing to 3.07 would really hurt acceleration.
Going to 3.07 gears would drop to you about 2500rpm at 65mph. When calculating RPM at speed, its important to use the rolling diameter, not the total diameter. As the weight of the vehicle will cause the tire to budge a bit. So a 29" tire is more like a 28" tire for a rolling diameter measurement.
Its important to note that RPM at speed isn't the only thing to consider. Changing the gearing will also cause the ramp speed to change. Which is the speed at which the engine will move through its RPM range. Going with higher gears (numerically lower) can actually hurt fuel economy in many cases. It may help you when traveling at a static speed on the HWY, but will hurt around town economy.
There is two things I would look into before regearing.
1: Tuning the carb and timing. In stock form, the 1406 is jetted very rich, which will hurt economy. Get that tuned first. The distributer can also hurt economy. Not just base and total timing, but also the advance curve.
2: The single biggest impact is the driver. Every time you push down on the accelerator, a big bunch of fuel gets shot into the carb. The farther you push it, the more fuel gets shot in. Also, every time you go into the secondary it will suck down fuel.
And really, you need to consider how much money in fuel you would save vs the cost of regearing. Going to 3.07's (assuming you can even find 3.07 gears) would probably run you $1800 or so if you have a shop do it. Thats a LOT of fuel. Even if you daily drive it, it will most likely take years to offset that. And thats assuming your economy actually improves.
Oh, and here is a handy tool to test out gearing and tire sizes:
http://www.grimmjeeper.com/gears.html