revometer is completely seperate to the speedo, it measures the speed the engine is turning where as the speedo goes into the gearbox and measures from there, so the revometer will be fine.
Waterpump, i found out when i pinched the hose for a while and had the expansion tank cap off you should feel a build up of pressure and there should be a steady return of water to the expansion tank when the engine is running if it is running fine.