If you increase torque at the same rpm, you increase hp proportionally.
If you increase rpm at the same torque, the hp increase is exponential.
Yard machines use rpm to produce hp from comparatively meager torque.
Tractors use gears to harness torque at low rpms most conducive to longevity. btw, dedicated mowers don't see near the variety of load/work demands or typical operating rpm ranges as most CUTs/SCUTs.
Anyway, I don't run my SGE mowers at much less than rated rpm other that to travel or load.
As for more is better when it comes to hp, I'm imagining paying for a few extra horses at sale, and in fuel use. Not needing to harness all of it, and to save fuel I operate at lower rpm. Engine loads up and regen cycles are more frequent, and ..?
I mow with the biggest mower (60" 28hp vs 42" 13hp) but do tractor chores with the 'smallest' of three CUTs that'll do a job. (26hp vs 30 & 35)