Or possibly for those who work a lot in high key lighting situations.
The very conservative Kodak capacity recommendations are very effective at preventing inconsistent results - something that matters a lot for commercial labs and high volume users - and those who just generally care about those things.
I expect David that you aren't much bothered by the small and somewhat unpredictable inconsistencies in density and contrast that one is likely to see if one regularly exceeds the Kodak capacity recommendations, which is fine.
In a way you are correct, and, in a way, you are not. The tiny contrast differences that commercial labs are concerned with could easily be modified if they manifested in the negative. (I have my doubts whether they actually would.) Thus, in a theoretical sense, you probably are correct. But, unlike most dire warnings about this 'catastrophe', the difference would be not only small, but easily mitigated.
I fairness to me, I do not believe that Ilford offers warnings about using ID-11 (the same formula as D-76) at a 1 + 3 dilution. Of course, this is strictly 'one shot'. - David Lyga