There's a base ignition timing map configured for maximum engine efficiency and the actual ignition timing following this map, is dependant on the octane rating of the fuel. 98's not that good in reality and I'd say that 102 race fuel would be required for the SV6 ignition timing to follow the map free of knock sensor retard. Running on 98, it's on the cusp where the knock sensors are pulling 1-3 degrees under load however, there's a detonation free window between 3400 and 4800 rpm where the engine produces maximum torque. An additional 4 degrees of timing can be added into that window on 98 on a custom tune to optimise torque.
Datalogging the SV6 engine clearly confirms that 98 is the preferred fuel for maximum efficiency and performance. Disabling the knock sensors is guaranteed to destroy an engine running on 91. Sure they'll run on 91 and 95 with knock sensor protection, but the engine's ultimately designed for a 98+ octane fuel.
If the base map is such that the engine always needs the safety of the knock sensors to survice (even on 98RON), then the designers made the engine very dependant on the knock sensor to survive. I'd have ensured the system didn't rely so much on the knock sensors when running the recomended grade of fuel... but if that engine is e85 capable, then the settings of the ignition timing base map as was done is understandable.
In any case, engine efficiency is determined by and dependant on the fuel used, As such it runs as well as it can on the fuel in the tank. To conflate efficiency with following the base map without retarding timing is missing the point on these multi fuel (RON) vehicles.
I still wish the manufacturer would provide the engine power/torque curves for then engine with the various fuels it can run on as then it's no longer theoretical issue but something that's quantified so would clearly answer the question of how much better 98RON is.
For the most, i'd say there is bugger all difference beyween 91 & 98, though in some high air temperatures cases the engine may be a little doughy on 91 as compared to 98. However, for many people even that is probably OK as it's safe (thanks to the knock sensor) and saves $15 odd a tank per week (or $750 per year).. Crawling along in traffic, many find the $750 more appealing than any perceived efficiency improvements with 98RON.