I think that everybody knows that I am in the "availability over residual levels" camp. Feed a lot, export a lot and keep residuals reasonable, but low (not zero). Ammonium and ammonia are the prize to get nitrogen to SPS, not nitrate. A little bit of P is good, but not too much.
2sunny has a wonderful tank and has also posted lately about having very low residual levels but high throughput/availability.
I think that most people who have had N and P raise without dosing on the back end have seen the effect of more availability, not from having higher residuals. Their tanks would be just as good with the same feeding, but more fuge (or whatever). In nearly all cases, the availability does the heavy lifting.
Regarding low detection levels of nitrate, this is hard... my tank shows "clear" on test kits, but I have .1 to .2 on an ICP test. .1 to .2 is not zero and it is a world away. True zero is an issue, but you nearly always have to use chemicals or media to get there. My sandbed, which can chew through nitrates like crazy, always leaves enough to keep the equilibrium going forward.
Having higher levels of N and P can do other things for the tank, if you need them. They can poison dinos, matting bacteria and diatoms at levels that are not so high for most corals - some acropora will suffer at these levels, but most people just do with them and chalk them up to "too hard," which is smart. They also slow down coralline growth at higher levels, which is a plus to some. This is not the same thing as being ideal for SPS... but it does need to be incorporated into a whole-tank strategy.
You can get some deeper saturation with nigher N and P levels on some corals, but not others. Some acropora will have less differentiation in the colors if they are multi-colored, but not all. Most acropora with different colored growth tips will look better with lower N and P, but, again, not all.
I wish that more people understood that N and P are not food and are building blocks. I wish that more people understood that SPS cannot process nitrate without first turning it back into ammonia/ammonium at quite a cost of energy to the coral (we are in the SPS forum after all even though a few other corals can use no3 straight up). I wish that more people understood that dosing P is just binding more to your rock and sand with a very small amount ending up in the water column and that this could be a huge problem down the road. I wish that more people understood that lighting with the zoox making sugars is what truly feeds the coral and if they spend as much time worrying about wider spectrum (quality) over N and P that their corals would likely be a lot happier in most cases.