Jerry,
Your math is pretty much the same as mine. It depends only on the depth of the breechplug and the length of the lock from pan center to back of fence. There is a little wiggle room in that that you could move the lock lower (or tilt it back slightly) and increase that distance effectively, but there is a limit there as well (what about thinner barrels, for example, there's little room to begin with). Where did the fence aligned with breech "rule" arise -- I'm guessing some pamphlet printed in the 70's? In the lock panel thread, Dr. Tim showed a couple of originals and two contemporaries that broke that rule, and I've seen many more. The only reason I care is that short of everyone making a custom breechplug (obvious problems), we would have to shorten the breech plugs substantially, which strikes me as also fraught with some peril (who knows the safe minimum) when using locks that are short between pan and fence. Maybe this is something the top pros can keep as their discriminator, if they all agree on it.