True, there are limitations in how big or small you can go ( and I think nobody has written otherwise). That said, size and surface are often seen as one, and for sure that isnt (the MFC Quad set is one of the very few making point of that talking about surface instead of CM length.
Besides that, how do you determ working? For allround, most of the time planing and sailing upwind I love the Witchcraft flextail with its stiff pre-twisted 14.5front and 17cm customfins. At the same time I sail often the same board with 15cmStubby and 12cm Ezzy 2degree. With those small fins the board early planing is horrible and very quick of the plane, but I love this set in a turn on smallish waves because it can go unbelievable tight milking every bit out of the waves and serious extending the high-end range.
I know speedsailors sailing with a 32cm fin with a 7.8cm.As a former slalomsailor that is defintly NOT working and I would a 37-40cm but for there broad reach it seems to be enough as the got sailpower enough to lift the board anyway out of the water...
About the lateral resistance the shape of the board is there a big factor in as well. If you got a board with a longer as average sharper rail in the tail you simply need less fin surface for lateral resistance and so does Vee in the bottom.
You still got the limitations you named, but within those boundaries there is a LOT to gain with testing/trying/playing with different types of material, shapes and profiles. I have fins with 1.5cm shorther and less surface as the others butplaning earlier and having the same amount of grip due the fact the got less rake and the thickest part more forwarded...
For me things like that offer soo much variables to play with making me it for me really intersting. Even more so as it used to be with the single fins.