If lower steam pressure from 1450 to 1200 open the CVWO (100%), the original total CV opening should have been about 83% (1200/1450)= (X% / 100%)
In response to your items
(1) Absolutley, with a CV just open, the velocitoty accross the seat will allow SPE damage (usally called drawing on CV seat). For the turbine, steam flow will be over the 360 degrees of the nozzle and allow uniform thermal.
(2) & (3) I don't KNOW the effects on the boiler, but like you, I feel it must help. Also the lower pressure should reduce the power needed to pump feedwater. Farther improving the plant's efficency. My question would be the boiler's efficiency, ie transferance of combustion heat into the steam.
While all 4 CVs wide open will be the Best from a mantance standpoint for the valves and the turbine. It may not be the best for efficency. For maximun efficency, the steam velocity at the nozzle most be peak. For an impulse design turbine, the wheel speed/steam speed needs to be 0.5 with equal losses occuring whether faster or slower, for a reaction design, the peak efficency occurs at 0.7 with efficency losses for faster steam, but the losses are not as great for slower steam (80% at 1.5) For a impulse, the efficency may be improved by using 3 valves wide open 4th closed. for a reaction, the efficency loss would be less at CVWO with less than peak velocity. Do you know what type of turbine design you have?
To quantify the results, the HP turbine efficeincy is the best method. HP efficency is easily calculated by determing the "h" enthalpy drop across the HP turbine. All you need is steam press / temp at throttle and at HP exhaust.
For the plant total efficency, measuring fuel compsumtion is the bottom line.
If you take data at varous conditions, I would be interesteing in reviewing.
I think you are definetly on the right track and this type of questions is becoming asked by more utilities. The next step in your search for efficency and less severy thermal cylcling would be to start making load changes with pressure and leaving the CVs are far open as possible.