Julie, speaking to the point of having _lots_ of circuits through one hole coming out of a panel (something that is apparently a very common practise):
If you look at most electrical devices used in a home, the net result of their use is _heat_ in the home. The exceptions would be AC systems with external condenser units (heat outside of the home), well pumps ( energy stored as potential energy of the raised water), and radio transmitters. (And I am sure quite a few others...) But most of the watts used in the home will show up as heat.
Run 77KW into a 1200 square foot home, on a continuous basis, and the self heating of the NM cables will be the least of your problems. *grin* I suspect that your point is quite realistic; with all of the circuits in a house going through a single hole (or a pair of holes), the load diversity of the house would generally prevent any real problems.
When the aggregate capacity of the circuits exceeds the service capacity, then there simply is no way that all of the circuits could be extensively loaded.
The test that I linked to was in reference to far fewer circuits. They had 12 current carrying conductors in a single hole, representing 6 circuits. What they did was to take 3 cables, feed them up through the hole, loop them around and went back down through the same hole, and then out to a load bank some distance from the test (so that the heat from the load bank wasn't an issue). Looking at the pictures from the report, one could argue that there was significant bundling for more than 24 inches, but at the same time they mention that they acted to prevent such bundling.
Don, did you get any information on this test other than what was in the published report?
-Jon