The problem with the table in the article when it relates to efficiency is that is only compares the motor at max thrust. The efficiency will look really strange because the power to generate a certain thrust is going up disproportionately. What they need is a table of amp draw at a given thrust level. How efficient is the 4s or 5s setup at the same thrust levels as the 3s or 2s.
In my testing though the lower voltage setups are still slightly ahead at a given thrust level, that may be because we are using motors designed for lower voltages?
I found 10x4.5 slow-fly props with 2212 motors draw about 1.3A at 12v AT 150grams thrust but they get very inefficient as you try and spin them faster. Some props meant for higher speed may maintain better efficiency at higher rpms and real world flight than one that looks better in a static test. There's just soo many variables.