Hi Kirk,
I agree with what Ken says about the relationship of brace height to nock L/R, which I have confirmed with my own testing. Another, and more useful in my opinion, way of stating “lowering the brace height gives you a nock right,” is to say that “lowering the brace height compensates for a weak arrow.” That is to say that if you have a bare shaft that is showing slightly weak, you can sometimes bring it back to center by lowering the brace height. And vice versa, of course.
Why would this be so? As you state, “But Ken left out one adjustment than can easily be used for tuning arrows that are slightly weak. Your strike plate can be padded bringing the arrow slightly before center and bring that weak shaft back to the left again.” Assume the arrow is sitting on the arrow rest slightly proud of center, as it should in a traditional bow, before any adjustments are made. When you reduce the brace height, you are slightly increasing the angle between the arrow and the centerline of the bow, similarly to what would happen if you build out the strike plate. The effect is the same: it can compensate for a slightly weak arrow.
This said, I agree with your conclusion that changing the brace height is not the best method of fine-tuning with a bare shaft. The purpose of setting a brace height is to optimize the performance of the bow, which can only be accomplished at one brace height for any bow/arrow/shooter combination. To increase or decrease an optimal brace height to fine tune the bow is like robbing Peter to pay Paul.