<font color="blue"> </font>" In a typical application
running the pump at reduced flow will simply scale back the torque in direct relation to the speed."
<font color="black"> </font> This seems wrong. I think with a hydraulic motor that torque would be proportional to pressure and both horsepower and speed is proportional to flow. Running the pump at reduced flow will maintain torque but simply scale back the horsepower (and speed) in direct relation to the flow. Like a steam engine, you should still get high torque at low flow and high pressure.
The consequence of not enough horsepower is that you will just take longer to drill the hole. I have watched the hydraulic units drill very large holes at very slow speed. With a Bobcat you also get very good visibility.