Did a bit more testing with launching tonight. Took it up to 3000rpm with no one else around at half clutch and dropped it and the whole rear end went nutso. First it swung right and without me adjusting the wheel swung back left (tires squealing) and then it jumped forward enough to scare me a little - almost felt like it was going to go airborne. Managed to shift just under the redline laughing like a lunatic and 2nd-4th were normal. Did this 3-4x before I got the hang of it and now I need gas. Looks like 3000rpm is the sweet spot.
*this was in a parking lot not a public road
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