Yes it does run true to size on bibs, I typically wear a 36x32 pant and had XL Free Ride pants that were too big. I just got Tog's in size L and If I were any taller would need a tall.
With your size it's nice to have bibs long enough to help keep snow out. I'm about 6'4" and 225 and wear the XL Tall and they are plenty wide. If I were you I would go with the Large Tall.