Jviss,
I appreciate that and agree. I'm not advocating letting the rig go slack, just loose enough that tension is minimal. Allowing the mast play is a bad idea. However, I was not taught to tighten a rig to a measured tension and with the changes today in stay materials, it seems using the 15% of breaking strength rule might lead to over-stressing other elements of your rig, like chainplates, spreaders and mast. The literature I've seen, including a manual someone posted here on SBO, advocate the minimum tension necessary.
For a modern in-mast furler, that approach may be completely out of place. The engineering on modern rigs may require more exact tensions.
I once read an article about a guy who wanted to upgrade his stays to a modern composite cable and his rigger told him that would mean higher tension on his rig because of the 15% rule. That is simply not so. The tension required to keep a mast steady under sail is static for a particular design. Changing the stays for stronger material doesn't mean they should have more tension on them. In fact, stronger composite materials are harder to stretch so they are less likely to relax under the same sailing conditions. Thus no need for more tension.
I look forward to seeing your references, but I do believe you. I'll have to consider whether 20 knots on a beam reach should still see tight lee stays. That's the way my family has done it for 50 plus years.
-Will (Dragonfly)