The question is what procedure is allowed by the NEC to determine the operating temperature?
Certainly sizing conductors based on their 60C ampacity should ensure that the operating temperature is below 60C, but perhaps that is overly conservative.
So if you have a circuit that calculates out under Article 220 to be 45 amps (non-continuous), but which you instrument under all operating and ambient conditions (which do not exceed 30C) and find never exceeds 38A, are you saying that 75C #8 Cu conductors on a 50A circuit would comply with 350.10(4)?
I'm having trouble seeing how the wording in 350.10(4) permits an analysis process not used anywhere else in the NEC, rather than implicitly requiring the use of the Article 220 load.
Cheers, Wayne