on another note, a larger tank solves most of the problem, I think.
I disagree; let's discuss. The way I see it, the only reason compressors have a tank is so that you can periodically, briefly, get more CFM than the fixed-speed machine can deliver. You exceed its flow capacity at a cost; a trade-off - you get it at lower pressure. Ever ran your ugga-dugga until it just won't dugga anymore and just hisses at you? You've bleed your tank down to like 20PSI and now you must take a smoke break while the compressor replenishes. This is the "wasted capacity" that plagues the typical compressor. While you're out there giving yourself cancer, the motor is putzing along at the only RPM it knows; you paid for 3HP or 5HP or whatever, but for the first half of your cigarette you're only getting 1HP; maybe 2?
The large tank is (IMO) a poor compromise of a solution. And scaling the tank upwards seems to be popular but I don't understand why. If you're exceeding the CFM capacity of your pump, then you're exceeding the CFM capacity of your pump, plain and simple. It doesn't matter how big your tank is; you're going to drain it down, and when you do, you're going to have to wait for it to recharge. The bigger the tank the longer it takes to drain down AND the longer your smoke breaks have to be. Small tank, less ugga-duggas between smoke breaks, and shorter smoke breaks. Either way, same number of ugga-duggas to get the job done, and in the same amount of time.
Now introduce the constant HP concept and maybe, just maybe, your ugga never ceases to dugga. Maybe pressure drops and it slows, the but the motor rises to meet the CFM demand with no smoke breaks atall. I don't know; it will be tested...
So with this setup I think I favor my 26gal tank. If given a choice I may have even gone smaller to save space. AND if it were only say 10gal, it would be ready to go at full system pressure less than a minute after plugging it in. It would be ready before I even found my air tool and that one QD that I have, that gets passed between all the tools because none of them ever has a friggin QD on it despite the fact I buy at least a dozen every time I go to HF... but I digress.
Agree? No? Let's talk it over. I suspect there's something I'm missing, as I quite often do, when I look around and see that everyone making compressors (and making money by making compressors) is making them with bigger tanks and people seem to want bigger tanks. What am I not seeing?