I am really confused here. Given, I need a certain prop power Wattage output for a particular model, then I switch from a 3 S to 4 S pack, but drop the prop size to give me the same Watt drain, and change the mAh pack size appropriately to the total Watt-hour value, will I gain efficiency?
NO ... motor efficiency depends on ratio of current to voltage ... so if you want good efficiency, you have to find proper load. The same efficiency you can reach also at high or low voltage. - But at different RPM - so you have to properly match Voltage, prop and motor to reach best efficiency.
Where it differs, is prop slippage. So if you use the same motor but 4 cells instead of 3 cells, it will work at its best efficiency only at higher RPM, so you have to choose prop with smaller pitch and little smaller diameter - means better P/D ratio. That will give you better speed stability. And that is what we need on our stunters. It will also probably cost you more power.
However we tend to overload our motors, so likely if you go to 4cells and lower current (to have the same power) you will PROBABLY (depends on you current configuration) go really to better efficiency.
Also, in a totally side issue, do expensive motors use less power per input Watt than cheap ones, or do they just last longer. (new can of worms! )
there are many differences between cheap and expensive (expensive for a reason, not just overpayd trash) motors. But most important is this:
1/ better magnets - either stronger flux making that the same KV needs less turns in coil and therefore lower internal resistance
or - magnets which will last higher temperature
both lead to more watts from the same weight and better efficiency
2/ better material for iron - either alloy or lamination - making less heat in iron - the same like 1/
3/ real bearing instead of trash - real motors will last years before you have to change bearings, while motor which costs less then apropriate bearing used inside clearly cannot last so long :-P
4/ better mechanical solutions (rotor vibrations, bearing sizes, magnets fixing, magnetic circuit solution etc) ... until not stolen by those "chip" producers :-P