You're absolutely right, to most people a "torquey" engine is one with a lot of bottom end power. Not technically correct, because you can set a motor up to torque peak most anywhere in the rpm range, but yeah, it's the common usage.
And you're right, the width of the powerband and the gear spacing have to be considered together. Mainly on the shift to top gear. You gotta make sure you have enough power after that gearshift to keep accelerating back up to the power peak. If you have your dyno sheet, and know your gear ratios, it can be calculated, and you can predict exactly what's going to happen.