Crankset change to a mountain triple will let you run an even smaller 3rd chain ring than 34t.
then the cranks will turn faster than the wheel, Ie, a reduction gear.
but a 1.1 is seeming like you are changing enough parts to be more than you paid for the bike.
Often a sticking point for upgrade budgets..
Cost aside, a rear wheel built around a dual drive hub is another possibility.
the triple crank is instead the 3 speed IGH and the 8 speed cassette, on the outside..
then the chain ring can be one, the middle of a typical triple.
IGH shift at a stop so bogging down on a hill, you can get to the low gear fast.
Last edited by fietsbob; 02-27-13 at 01:22 PM.