Great post Widewing (as usual). One thing in particular you wrote is something I've really noticed the last few nights.
I've been working on the F4U series lately, say the last week or so, and in my opinion, I just have to get altitude prior to the fight to have a decent chance of survival. As such, I've been climbing high, well over 10-12k before even thinking of engaging.
Thursday and Friday night, in particular, I found myself out of the fight or with a long commute and climbing to 15-20+. While I was feeling pretty smug with my clear altitude advantage, I found that trying to engage someone 10k below me was an exercise in futility. In order to have any sort of chance of actually shooting someone maneuvering 10k below I needed to scrub speed on the way down, or drop 5k, reset, and then drop the rest of the way down for the engagement pass. It turns out that having alot of altitude is nice to stay safe, but for hunting bad guys, being super high isn't necessarily an engagement advantage worth the effort. I'd bet I could get more meaningful results climbing to 12k and then accelerating to 300 indicated than spending all that time grabbing excessive alt.