I understand your concerns for underating and just as a matter of credibility, we are lighting system integrators specializing in theatrical applications such as Disney, Universal Studios, performing arts centers (high schools, colleges,commercial), House of Blues, Hard Rock Live, and large resorts around the world. I have also seen a lot of "circuit limited" installations that constanly force a system's branch wiring to push the limits. When all is said and done, the total power needed (assuming no liomitations of infrastructure) is fairly consistant between venue types. That being stated, a venue requiring a 400 amp 3 phase dimming system feed could have any number of 2.4k branch circuits depending on design. In our case, we typically design load each of these circuits with a 575 watt load and only provide 1 outlet which would encourage a tech to grab the next closest circuit instead of a 2 fer. This automatically forces our quantity of dim circuits to increase. Others may figure each at higher loads reducing the total amount of branch circuits. The total load remains the same. The later would result in a less expensive installation partly due to the derating rules. These rules assume (without diversity) that if you increase the amount of current carrying conductors in a raceway, you are also increasing the heat. In the above scenario this is generly not true.
I don't know, it's something that has been bothering me for a while and I was hoping that someone out there had found something I couldn't. :-?