So after I wrote a particularly poorly received answer about variable specific impulse, based on discussion I read here, I realise I may have misinterpreted what was being discussed in that thread. My understanding was that the thread was discussing launch vehicles, and came to the conclusion that matching the exhaust velocity to the current velocity of the vehicle caused the modified rocket equation for that case to be linear (which is quite the improvement!). However, I now suspect I have misinterpreted the maths and comments there, but I do not feel qualified to understand what is actually going on in those equations.
What, then, is the increase in efficiency described in the linked thread actually for? When would it be relevant? If it doesn't mean that $V_{ex}$ matching improves efficiency on takeoff, what does it mean instead?
This is similar to, but not exactly the same as this question, since that asks about what the optimal ratio of thrust/ $I_{sp}$ is, whereas I am asking about the efficiency gains when using an optimal ratio. Additionally, the solution to that question makes the significant simplification that the mass of the vehicle is constant throughout the launch.