You do realize, don't you, that many Commandos with stock "heavy" cranks have been very successfully road raced with stock "wide ratio" 4-speed gearboxes, particularly back in the '70s and '80s? They might not suit your riding style, but they clearly worked well for others. Back when I was still racing Commandos, my friend Fred Eiker won a lot of road races on his 850 Commando with stock gearbox and un-lightened crank, including the 1986 La Carrera II Mexican road race. He won on high speed tracks like Willow Springs as well as tight, twisty ones like Sears Point. Fred averaged 111.19 mph for the 125 mile race on Mexican roads from San Felipe to Ensenada. And that was before we had all the currently available good stuff, like Maney cases and cylinders, billet cranks, TTI gearboxes, etc, and running on period tires. I was lucky, my PR came with a Quaife 5-speed, and it was an advantage over a stock 4-speed, but not as much as you believe. I also raced a MK3 with 920 engine and stock 4-speed for a while, and it never blew up anything. It just had to be ridden a little differently. Would it have been better with a 5-speed? Probably, but it was certainly adequate without it.
Ken