You aren't wrong about the purpose of the Fuel Pressure Regulator! Lets get that straight. Thanks for your wonderful insight.
Now, what you are wrong about is the results of driving and EEC V car around with the fuel pressure regulator unplugged.
I will explain this slowly one more time.
-Because of the reasons about pressure differential that you have so elaborately outlined, the fuel delivery at WOT will not be as high as it should be.
-Hence the car will be running lean.
-Yes the FPR gives a 10psi spike to increase the fuel pressure so the the fuel delivery acts the same at various throttle positions, WHEN WORKING PROPERLY.
But what if it isn't?
Now use a little logic: If a system is designed to adjust fuel line pressure so that delivery is consistent depending on various manifold pressures; AND SUDDENLY, there is no compensation in the line pressure, VOILA! Not enough fuel for WOT use.
Last time I checked that meant a lean condition.
Lets babystep through the other part:
-EEC V computer.
-Car is first fired up and idling.
-Fuel pressure in the line is 55psi instead of 45psi due to NO VACUUM in the FPR.
-The pcm starts with the pre-programmed data tables just to make the car run.
- The higher pressure causes a rich condition in the exhaust and the PCM says "Oh MY! We have trim back the Fuel a bit" and then it does by lowering the pulse width.
- Life goes on and normal driving gets all trimmed in by the pcm, power emissions, everything is hunky dory.
-Now you go WOT and the pre-calculated tables that use adjustments provided by the the other driving conditions are not adequate to tell the pcm what fuel to deliver.
-This results in a LEAN CONDITION!
I hope that clarifies how you could be right about the FPR's purpose in life, but wrong about the end result of a lean condition because of it.

I just don't understand why it came to this...you could have nicely said:
"I'm sorry, but it doesn't make sense."
"That does not compute."
"Could you please translate that?"
"Tell me what you are saying, because here is what I think you are saying." (for those less aggressive folk out there)
I would give you a list of my credentials, but I don't think it would matter. It usually doesn't impress me when someone else comes on and tells all the mechanical credentials etc. since I was a dealership technician (Chevy) and most of the Techs were just PART-Changers with fancier certificates on the wall. I was sick of that and I moved on afterwards, but that is another story.
Just remember that you started stomping your foot here first, but anyway in case that you were just having a bad day as you say: "No Problemo" "Have a better day now because this is piddly stuff that shouldn't get us riled up."
warmonger