On my supermileage car, we built a homemade rpm counter, using a piece of sheet metal, a 6" OD PVC pipe and some zip-ties. We then made a simple computer with a screen and an interrupter sensor. Of course, this only helps if you know how to make the computer. The whole set up cost less than $100.
As you hinted though, it may not be necessary to build one / need one.