If you are dealing with Guardia, then you will need very high CTs, that's correct. Here is a link to a summary presentation of Falk's paper, a bit faster to read and easier to refer to:
https://www.cmahc.org/documents/CMA..._on_Stabilizer_Use._WAHC_2017-10-16_FINAL.pdf
His recommended CYA/FC ratio of 20 provides a significantly reduced risk regarding Guardia in public pool environments. Of course, if you want to have the smallest possible risk for a Guardia infection, then you need way higher FC.
The TFP recommendstions provide a compromise between pathogen deactivation times and an efficient way to maintain a residential pool, that goes way beyond regulated levels for public pools with CYA in terms of min sanitation standards.
Public pools without CYA maintain way higher HOCl levels. That might make sense in a public pool with high bather load and a high risk for bather to bather transmission. But it also makes the water very unpleasant to swim in. No one stops you from going there. You can stick constantly to 50% FC/CYA, that's above SLAM, if that's what you want, but I don't.
If you generally want less CYA, then go for it. But it is a less efficient way to run an SWG pool.
I think we can agree that no CYA at all doesn't make sense in a residential outdoor pool, it is just not feasible to maintain required chlorine levels at all times. And once you accepted CYA in general, you can as well take most benefit out of it. Just maintain the required FC/CYA ratio. For SWGs, it has proven to be more efficient to have higher CYA and make benefit of being able to maintain lower FC. That will provide the most cost effective way to run the SWG (including lifetime considerations). By maintaining a target of 7.5% FC/CYA, we are well above current industry standards for pools with CYA, and still above the 5% that Falk et al. recommend as a minimum in their paper.
If even better sanitation has a higher priority to you, and lifetime of your SWG is less important to you, then go for it. Many here maintain higher FC levels with SWGs (myself included), usually for piece of mind to have a larger buffer towards the min-level, and to allow for less frequent testing. Nothing wrong with that, it's a personal decision. But I prefer to keep my CYA in the range recommended by TFP for SWG-pools.
There are automated systems (with ORP sensors) that allow to run an SWG on lower CYA, the automation is designed to keep ORP constant throughout the day. I have no experience how reliable these systems are.
AstralPool Australia recommends to run their ORP-SWGs w/o CYA or at max 20ppm. They argue with the reduced chlorine efficiency which is not true as long as you maintain the required FC/CYA. I suspect that they don't feel comfortable with recommending FC-levels above 3ppm to their customers. But the main reason is probably that ORP sensors are simply unreliable with CYA. Which leads us to the second point:
I have not looked deeper into ORP-sensors, I personally don't see any benefit in them. Why would I pay extra if my SWG just happily chugs along, maintaining my FC/CYA? I just see another expensive system that can fail.
The consensus seems to be that ORP-sensors can work to enable automation with low CYA levels, but because of the low CYA the systems have to cope with high UV-losses which the customer will pay for with reduced lifetime (on top of the already high costs to buy the system in the first place). Any hickups in the system will very quickly lead to insufficient chlorine levels.
Others have a better understanding how ORP sensors work, I trust their expertise. Here are some examples of the many threads on ORP: