OK, here we go...
I saw this in the other thread linked above...
I've seen this in other posts everywhere, most notably Tom Gresham with his Bonanza. WOT for all operations until slowing to land. I wonder if this is only efficient with high horsepower slippery planes such as Bo's. First time I've really seen anyone make mention of it in regards to a 200-235 hp range airplane. (Actually with Tom's plane he runs it at a constant 30" MP, not sure if that is WOT on a TNIO-550 equipped Bo or not but same theory.)
Well, since I posted it...
This is obviously not a high-HP or slippery plane, it's a 230-hp Continental O-470 attached to a Cessna Drag-o-matic.
Many folks like to pull back to "25 squared" shortly after takeoff, and I fully advocate pulling back to 2500 or fewer RPM as soon as practicable to reduce prop noise and create fewer angry airport neighbors. However, the "don't run oversquare" is pretty much an OWT as it's dependent on the specific engine you're running. Get an engine operating manual and see what the maximum recommended MP is for 2500 RPM.
In this particular case, on the takeoff roll in this plane the MP is normally only about 27" (roughly 1000 MSL field) so it's pretty close to 25 by the time I pull the prop back.
Finally, cruising at a lower RPM (I usually cruise at 2100 or 2200) should be more efficient, I think. When your plane goes faster, drag goes up exponentially, and that is true of your prop spinning faster as well, although I'm sure there's more to prop efficiency than just that.
WRT learning about CS props, I've found that the traditional FAA material didn't do a good job of teaching me at all. "Throttle controls MP, prop controls RPM" yeah we all learned that for our private pilot writtens. However, they never explained what was going on, and how that worked. Well, it's pretty simple: When you add MP via pushing on the throttle, the engine develops more power but the RPM stays the same because the prop takes a bigger bite of the air. When you pull on the throttle to reduce power, the prop governor adjusts the prop to take a smaller bite of the air to keep the RPM up. There are limits, so when you pull the throttle far enough that the RPM is reduced, the prop has hit the low-pitch stop.