what affect will this have on my overall gearing .
JB is correct. Every thread will be 34/30 of what you might have expected. A disaster in the making, I would guess. It is teeth, not tpi btw.
Likely better to reposition the tumbler to suit, than change the spindle gear. Otherwise, somewhere in the drive chain you will need to alter the ratio from current to 30/34 (or 1:0.882). Can it be done? I have no idea, but doubt it!