Cam choice!

They are still using wide LSA's today, 117deg to be exact.

LSA isn't a cookie cutter number that always equates to a lower angle is better. It affects the idle, the power curve and cylinder pressures, and in FI applications a wide LSA is needed for function.
Lest anyone forget forced induction, which almost always responds better to a wide LSA. Also, larger cubic inch stroker motors generally respond better to wider LSAs. So, I agree with you 100% that there really is no hard and fast rule. I really depends on the combination and what you're doing.