Hey PoMo,
Seems like quite a highly contestable point. If it so effective why crush at all?
How slow is a slow sparge? and is slow worth the extra effort at the HB level??
Extraction of the sugars from the husk would obviously be lower than that acheived with a fine crush at whatever sparge speed surely??
Doubting Darren 8)
EDIT: Your above point. Thin mash will acheive minimise channeling and will be readily fermentable
Why crush at all? To allow the mash water to get to the air pockets inside the kernel. No compromise of the testa, no ingress of water.
The time of a slow sparge is compensated for by not having to recirculate. Also, by the time the run off was finished, the boil was under way on my system.
A thin mash will lead to a pancake on top of your husks with holes for some of the sparge water to flow thru without picking up extract. A fine crush will tear the husk, ~potentially~ leading to the oxidative precursors mentioned in OP.
Lately, I haven't been doing things like weighing my base malt, because I know that pretty much one metric bucket gets me close to 1.050 in a standard 1 keg batch on my system. So I can't give you accurate efficiency figures. However... one bucket = 1.050x20l. With my first "proper" floating mash, I used a bucket plus another 2 litres of base malt and got 34 litres of 1.055 wort, so from that rough measure, it was more efficient on my system, but I used MO for the first time, so, in fairness, it could just be the more highly modified malt than the aussie malt I normally use.
I'm not trying to convert everyone for all brews, but to present an interesting an unexplored mash method that works well, for me, with MO (any more qualifiers I missed?)