I'd be interested in checking out references on this too--as it was told to me, there is a CFM displacement of the piston, and the actual CFM delivery goes down slightly as pressure increases, so if it delivers, say, 30CFM at 175PSI, it will only deliver, say, 33 at 100PSI. For short duty cycles though, the higher pressure will come into play--we have a 120 gallon receiver, and a ten horse compressor, and it will go from 120-150 PSI in less than two minutes--at 150 PSI, functionally, it's more like 180 gallons of 100 PSI air.
If that helps at all.