I was thinking along the lines of after the head of the fly line has been aerialised and you are into the running line regardless of the length of the rear taper. So the caster will have the full head and rear taper outside the tip ring.
Good advice already given then, I'd put it as just keeping line tension, if you can maintain line tension you can extend the line further into the running line, longer head lengths can help there.
There is a point where too much overhang will cause problems, variable with skill level, head length etc. and ways of maintaining line tension a bit longer, hauling and so on, but ultimately there will be a point it collapses, so I'm thinking the answer is yes and it varies for everyone depending on the things you mention, but how do you know what that optimum is?
I think the best to answer that are the distance casters that play in that optimum zone, if you make a cast to say 100' you have had to maintain line tension well past what most of us would consider needed, lengthening the stroke, maybe to a 170 degree openness, hauling longer, longer head line...I'd add laser accurate tracking to that even(that's what limits me)
I'd add a strange bit of advice that helped me a long time ago, just an instructor spotting something, I was extending line and maintaining line tension by force, pulling the line with the rod tip faster until the final release, they said just focus on keeping the line tight and float it with the minimum needed to keep it in order, that one small thing changed my whole cast to one of letting it rather than forcing it and lengthened the amount of line I could control.