You never ran across it before because it is a misinterpretation of code that was presented as though it was fact.
I always get a kick out of it when people say "it's theory...and hypothetical". That's forum-speak for "I don't understand it, therefore it is only a theory."
Relativity is a theory.
Most electrical equations are driven by scientific Laws. It's not "Ohm's Theory", it's Ohm's Law. It's not "Kirchoff's Current Theory" it's Kirchoff's Current Law.
Just because something is not understood by the average layman doesn't mean it is only theoretical. The engineers that design the motors used in our tools aren't just taking shots in the dark as to how they work (well except for those unnamed-countries that just copy designs). Motor performance can be exactly modeled to several decimal places long before a single piece of copper is ever wound.
For every case where a woodworker claims to achieve significant improvements in motor performance between 120 and 240 volt operation, a knowledgeable engineer will find the other overlooked variables that were also changed in the process. It's comparable to saying that since 90% of all cancer patients drink milk, then obviously milk causes cancer. Don't overlook the other variables.