I'd say Mike's data is pretty accurate. The power curves correspond pretty well to the flow he witnessed. The iron EMC heads I sell have nice 11/32 stem valves. The contest heads did have a rather expensive set of 5/16 stem valves with some back angles that I don't sell, just in case I ever go racing again, lol. The valves size is 2.150 in the iron. Bigger than that gets pretty thin around the spark plug hole. It would respond to a 2.200 valve, but it wouldn't live long before it would leak beside the plug hole.
That back-up in the TFS head is a real thing. I have noticed over 20 years of flowing on my bench, that it is more finicky about turbulence than a Superflow. Mine seems to expose the turbulence and it affects the flow more than the Superflow benches. I am not smart enough to know why, but I know it happens. The crutch for the turbulence is most likely wider lobe separation, but it will take torque away through most of the curve, as it helps it hang on up top.
Mike's more than likely had a tighter lobe sep than Brent's examples, and the torque was there bigger and sooner, and then it ran out of breath. Overlap will aggravate the sonic problem in the TFS head. If the exhaust isn't pulling it through as hard, the turbulence is less pronounced. The downside is the loss of usable torque by going wider. Torque is king unless you plan to drive one around at 6000 rpm, so chasing a peak power number that loses you torque at lower revs isn't how I would do it. This has turned into an interesting thread. It brings to light the fact that different heads have different personalities, beyond just flow numbers, and they all won't like the same cams.