Hal,
You and I both sir. The majority of the past 10 years of my life has been bending 1/2" EMT. I used to get yelled at all the time for an 89 deg. 90, haha... but it honed my skills. Us conduit benders usually look down our noses at Romex and the like, haha... but as I've become purview to the code and local amendments, I understand that Romex and Cable has its' place. I still prefer conduit though. You can't replace cable easily. Conduit allows for future maintenance of the wiring, but I digress...
I have to ask though, where do you get that Square to Round rings aren't rated for the vertical load? This is news to me. I was under the impression that they were rated for lightweight fixtures precisely because they employ the use of 8/32's.
I could be wrong, but it sounds like the inspector had a stick up his a$$ that morning, haha.
Raco 756 is clearly listed, at least by the manufacturer, for a STATIC max fixture load of 50 lbs...
https://hubbellcdn.com/ohwassets/HCI...ccessories.pdf
https://www.hubbell.com/raco/en/Prod.../756/p/2137745
According to the UL Certification file for Raco Metallic Outlet Boxes, the only products specifically listed "suitable for fixture support" are 926, 936, 937, and 939... all being your typical "bar hanger" type remodel fan box. This would negate the use of even Octagon boxes for fixture support.
So, if someone wants to claim you need to use an 8b box for ceiling fixtures, as opposed to a 1900 box w/ a square to round ring, the only document in support of that is the manufacturers specifications... but that SAME document clearly lists square to round rings as suitable for static fixtures up to 50 lbs.
http://productspec.ul.com/document.php?id=QCIT.E195978