Hmmm, I see your point, but I'm going off the comparison of the speedo/odometer readings vs. the GPS readout. Over the same ~100km round trip from Blue Mountains to Parramatta via M4, at 36psi 100 on GPS matched 100 on speedo & odo was almost identical. Yesterday with 40, speedo was ~1-2 kph low compared to the GPSr & odo read 98.4km at 100 on the GPSr.
While I agree with your theory, evidence so far seems to say otherwise...
Investigation ongoing.