Just like with a gun, what matters is what you hit, not how big of a hole you cut.
Accuracy matters, nothing else.
The most accurate broadhead on the market is the Slick Trick.
Cutting diameter is misunderstood and manipulated. Measure the total cutting area of a Slick Trick against the supposed "massive" cut of a Rage or similar 2 blade.... you'll be surprised.
Still happily answering to the call-sign Peetza.
The problem, as you so eloquently put it, is choice.
He is no fool who gives what he can not keep to gain what he can not lose.
-Jim Eliott, paraphrasing Philip Henry.