So Denny, is it mash efficiency that is achieved at 100% by SN, rather than the more comprehensive brewhouse efficiency?
My understanding is that high mash efficiency isn't that unusual, but brewhouse efficiency is a different number, difficult to achieve above 90%, and not desirable for the reasons stated by DM Taylor, essentially less flavorful beer.
Granted, my knowledge of any differences between mash efficiency and brewhouse efficiency is not enough to weigh in competently.
I wish I could provide solid references, but I do know that over the years this issue has been debated a number of times (including in brewing books?) with a common hypothesis being that beer flavor suffers once brewhouse efficiency gets too high (maybe +90%?)
My intuition tells me that I am about where I want to be at ~78% brewhouse efficency for 1.055 beers, and more or less going higher or lower OG.
In other words, I think DMTaylor's comment on % of sugars vs. other components from your grain bill means that you will lose desired flavor/malty components if there is minimal malt in your grain bill when achieving 95% brewhouse efficiency.