KENDELL - You are correct, the max. torque RPM is WOT under an excessive load to lower RPM to the rpm point of max torque. Max HP is WOT @ 3600 rpm. Only time the two would coincide would be if the engine was running 5252 rpm.
In that case You need some govenor work and most likely a new rod, block & flywheel! As well as clean shorts.
And as You say, I increase engine rpm before I encounter a tough spot when mowing, plowing, etc to an rpm I know the engine will handle the load. As You found out the hard way lugging an engine down almost to the point of stalling gets REAL hard on parts.
DON T. - since loader operation is an intermittant load running at less than full throttle does enable smoother operation of the tractor & hydraulics and gives the engine plenty of time to cool the excess heat built up while loading the bucket. You're running the same way I would.
When I run the loaders on my M & Super H I never run wide open, normally 1000-1200 RPM with a 1650 full load rpm, but then they're water-cooled anyhow.
Another thing with air cooled engines, when run in cold winter conditions they seldom get up to normal operating temp. so more frequent oil changes are recommended. I did an oil analysis on the K241 about a year after I rebuilt it. I'd blown snow for maybe 10-15 hours then mowed my small yard a couple times. Then I got a call from a Buddy to "Mow His back yard". The grass was over a FOOT tall, had the clippings from being mowed twice with a Bush Hog the summer before in the new grass. It was like mowing a hay field! The K241 was at WOT for a L-O-N-G time that afternoon, like an hour. I started hearing a slight knock, idled the engine down at no load and the knock went away and I returned to mowing at a reduced load, cutting maybe 6 inch per pass. The OA said I had WAY too much unburned gasoline in the oil from the cold weather operation blowing snow. But luckily no unusual metals. I suspect a small piece of carbon or head gasket was getting hot enough to start combustion before the plug fired.
MATT G. - What kind of temps are You seeing on your cyl,. head temp gauge? I've seen 300-325 F after idling a couple minutes with the K241 with my RayTech temp gun. That was right around the spark plug at the base of the fins.
The increase in temp after You idle down after a hard pull is called a "Heat Soak". ALL engines do it every time they're shut off after they're warmed up to temp. I imagine if You shut the engine off without idling You would bury the needle on the gauge. Far as the 5 min. warm-up time in cold weather, there's parts of your engine that take even longer because they're even further away from the hot combustion chamber.
I got my 2010 MWSC catalog about 2 wks ago, I need to see if DIGITRON can make Me a combination tach, cyl. head temp, EGT, & oil temp gauge. I've done searches for other data logging equipment, plus checked all the normal gauge mfg's sites. So little time, room, and $$$ and so much data to gather. I may change my mind AFTER I get gauges on the K321. Like KENDELL says, all We've got now is opinions, We need to get some facts or as my old QA Mgr. loved to call it, "DATA".