Oughtsix, the only people who would attack you are people who don't know what they are talking about...you are on point.
I've hooked my pumps up to a kill-a-watt device and would watch the wattage drop as I valved the pump back, so I know what you are referring to.
But if your comment was directed at what I wrote about an oversized pump being a waste of electricity and $, I will stand by that statement. To give you a real world example, let's take a setup with a desired flow of ~3,000GPH and compare an oversized pump with an appropriately sized pump.
Reeflo Hammerhead Gold @ 20' of head pressure does 3,000GPH and consumes 325 watts
Reeflo Super Dart Gold @ 6' of head pressure does 3,010GPH and consumes 175 watts
Sure, you can valve the Hammerhead pump back to the equivalent of 20' of head pressure so that it's only pushing 3,000GPH on 325 watts; valved back it will use less electricity than if it was running wide open with no head pressure (in which case it uses 350 watts), but why would anyone do that if you can get a Super Dart Gold that will give you the flow you want (3,010GPH) on almost 50% less electricity (175 watts)?
Hope that clarifies the point I was trying to make by recommending OP purchase an appropriately sized pump for his setup as opposed to looking to valve back or bleed off excess flow. Although if he has to, I fully agree that there's no problem in doing so and it will actually result in the pump drawing less power.