Plug gap

There seems to be some diminishing returns with widening plug gaps. Peak HP is one thing, but again when an engine is at peak power/load/torque you’re going to be around peak demand for your ignition.

If your ignition can’t supply the output, it can’t keep supplying the needed spark at peak. A bit like the duty cycle of a welder. Spark may be good at idle, but run out of steam at peak demand.
It's not diminishing returns. It's abuse on the ignition system. Wider plug gaps increase resistance and that builds heat in coils and ignition boxes. There's no need for anything over a .045" gap. Ever. You buy into the crap if you want to, but it's just that. Crap.