There's no Odyssey setting on my 1.52 Legacy system, I can tell you that. I just looked again to make sure I didn't overlook anything.
I have a number of Odyssey locomotives, and they seem to run best in TMCC mode, which only gives them 32 steps. I just tried an Odyssey equipped UP Harriman 2-8-0 I have in for repair in both TMCC and relative mode, when I get to around 20 clicks of the dial in CAB1 mode, it's flying down the tracks, I can't imagine there's more than 32 steps. At speed step 20 in TMCC mode, I'm getting similar speed. On a lark, I tried R100 mode for the same locomotive, but when I get to the same area, I have the same speed.
I really don't think there are additional speed steps for Odyssey-1, I sure don't see it here.