What you say is true, but what we are talking about right now isa car driven on the street.
High bump damping is unlikely to give the ride characteristecs most people expect from a street car, and low rebound damoing resulting in bouncing is also not something most drivers want on the street.
Either way, if you only have one knob, and it only has 5 positions that adjust one or both in some fashion, it is probably only going to work for spring rates designed for that damper. Changing spring rates significantly on the stock non-adjustble dampers is likely going to produce something that is not at all optimal.
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