Donald,
I agree with a lot of what you said above. I think a trap many photographers fall into when trying papers with extended exposure scales is that they take their film speed from their silver tests and just extend development. Depending on the film, this may or may not work. Certainly, you will end up with a very dense negative that has a lot of wasted density and your print times will be very long. For platinum, you may end up with an hour or longer print times. That is why it is important to do the tests with the paper you intend to print on.
If you are using BTZS, the process involves a paper test and a negative test--reading the results on a densitometer and calculating the film speed for the film on that paper. You will of course still have to go out and do your field testing to verify.
If you are using the zone system, without a densitometer, you will need to do a new set of tests on the new paper. For the purposes of this discussion, I am reffering to using the methodology laid out by Fred Picker in "Zone VI Workshop", by Johnson in "The Practical Zone System" and most recently by Steve Simmons in "A Simple Way to test for Film Speed and Developing Time," in View Camera Magazine, January/February 2006. References will be to the Simmons article, given that many APUG readers will have ready access to this article.
Doing a zone system test this way involves three steps: 1. finding the proper proof time (pp. 45-6), by taking your chosen paper and finding the minimum printing time by printing a b+f negative; 2. Finding your personal exposure index (p. 46) by exposing negatives and then printing them to find the one that gives you "a tone on the paper just perceptablly lighter than the paper's maximum black." (p. 46) By knowing which negative prints this way, you determine your personal exposure index of this film specific to this paper; 3. Finding your normal development time, by exposing negatives at the paper specific EI and seeing which prints "just perceptibly darker than pure paper white. (p. 46) This will give you the normal development time for this film, specific to this paper. Once you have the above, you will still have to field test.
If you are using the "expose film and adjust" method, you would go out and expose a normal scene starting at the manufacturer's recommended speed and work down several half stops. The negs would then be printed on your chosen paper at your print time to see which one has the amount of shadow detail you want. That negative will give you your film speed for that paper. You would then go out and shoot the scene again at that speed and develop the negs at different times. The neg which gives you adequate shadows and detailed high lights will give you your development time. You still have to field test, of course.
The ZS, BTZS and "Expose and Adjust" will all get you to the same place: an exposure index (personal film speed) proper for adequate expose of your film for your chosen paper and development which assures adequate highlight detail on your chosen paper. The methods are different, but when done properly, the results should be the same.