I think there are two curves going on, right? As the heat exchange improves with flow rate, the gain is negated by the cost of moving the water.
I agree there is an acceptable range for flow. I understand it flattens as flow gets higher (diminishing return). I now better understand there is no optimum point for
heat exchange. I presume the optimum point recommended by the manufacturer is some sort of intersection of heat exchange and pumping expense. And that the high end of the recommended range is there to protect the panels from being damaged, and to some extent to account for the flattening curve: because above x-amount of flow, you're not doing much other than wearing everything out faster.
I think I better understand now what you meant by "More important is pressure." He can adjust the bypass all the way up to the max recommended flow, to eek out more heat exchange, because reducing the flow below the max won't save him any pumping expense, because without a VS pump, that expense is pretty much fixed. So it's a matter of determining how close to the max he wants to ride, presumably the closer to the max the more the risk of damage. Which, if I may, is what you were saying?
No matter. It would seem the OP's system is pumping too much water into the panels, and the various solutions have been discussed to reduce that to a better level (bypass or VS pump), and by doing so will hopefully clear his pump of air.
Since I can't offer any way to determine the amount of bypass without a FlowVis (the only method I know how to perform), then I'll leave the math, or the "panel feeling" advice, to others. Is it as simple as increasing the bypass until the panels start to feel warm, and then backing off the bypass a few notches? If that clears the pump of air then he's done?
Hopefully I got a little closer with that attempt!
Sidebar: where I got off the rails: There is an optimum flow rate for
my system, because with a VS pump I'm balancing heat exchange against watts. I lost sight of the fact that the OP doesn't have the same variables.