This might be technically true, but the difference is small.With a VS pump, the lower your can run it (low rpm) the less energy is used. So a 2.7 pump will use less energy at a given speed vs the 1.8 hp pump moving the same amount of water.
For power savings alone, the extra cost of a bigger pump is probably not worthwhile.
The biggest benefit is the difference in noise.
Depending on the speeds, the noise difference can be quite large.