If the sail is made right and stretched in then the numbers should be pretty exact.
I've noticed with a few modern sails of differing brands that the downhaul range is very small (2cm) and the remainder of the tuning is done with outhaul. If you don't look at downhaul specs then you probably wont be getting the most out of your sail, because little changes mean more than many sailors can pick up. Mauisails have recently introduced a load cell into their testing which has shown how critical small adjustments are-
how much DH you use is personal and relates to your mast/sail relationship. inour case, say on a tr-5 7.6 as an average size, we find that when you hit 130-40kg you are at a minimum setting that you might be able to sail with, and at 190-200kg you are getting into the over tensioned zone. in this particular case, the adjustment required to go from 130-200kg is about 15mm. when you are nearing the recommended DH, mm's change tension by 20-30kg. so you can see that fine tuning and paying attention to settings is valuable.However this doesn't mean you can't not use hardly any downhaul or overdownhaul. Not enough downhaul doesn't lock the draft in place so your harness lines will feel too far forward. I'm not going to say they don't drive or stop your board from planing or pull your arms from sockets as i've seen it work quite well (and tried it once or twice to good effect

), modern sails twist enough and masts soft enough for this to happen. The sail just wont feel ideal (though anything feels ok if you do it enough) and you could get thrown easier, its also a good way to snap battens in cammed sails.
Overdownhauling- i've never seen a mast snap from downhaul load alone. I have seen sails pull apart at the seams at the tack and in the luff, and i've seen some sails with worn monofilm burst every panel up the sail. Common belief is that sails feel "wooden" if you overdownhaul the sail. As you downhaul more the draft is moved down in the sail and locked in. If the draft is low enough it wont be balancing everything correctly so it may lock the board onto the water etc, though this may change with another 5 knots of wind. Pro's may look like they use stacks of downhaul but they also change battens around, have many fins to try and years of collective experience to get everything tuned with each change.
Personally I used to regularly overdownhaul but found outhaul then becomes very sensitive, always kept neutral-negative to let some shape form in the sail otherwise sail became way too twitchy. Never had a problem with board sticking as I was using board and sail in too much wind. Never had a problem with damage to sails either, the sail I regularly used to overdownhaul is still in use by a friend and is still going strong after 13 years. Some sails don't seem to mind being overdownhauled, some feel terrible. It's a trial and error thing.
If the leech is still tight it may just be because of the build of the sail. "Power" sails will use a tighter leech, often they will still have alot of twist built into the sail. So don't go on the amount of folded material when comparing to other sails. It is the excessivly folded sails that will be damaged when overdownhauled as this flaps away when going upwind.