Hahha, i always love topics like this, everyone has different opinions and lots of Heated discussions

Gazbo, regarding saving your rims, the higher pressure is more to stop bumps buckling the rims, not the shock.
But here is my opinion..
I run 36PSI all round in both my 205/45/16 and my 215/40/17 for these reasons:
1, it grips a lot better and feels a lot more stable to me around corners with out sidewall flex
2, at lower pressures (32PSI) the car wheelspins a lot more and slieds around.
3, I chose handling over comfort.
4, with my driving i get better tyre wear (even across the whole tyre with 1.75 deg neg camber) at lower pressure i got outside tyre wear.
All of this is my opinions and how it feels to me.. no seintific facts.
on the track with Do1's i run 34 HOT and a stiffer supention setting as i find that works best for me..
when i did a murcotts driver training, they asked everyone no matter what car you have to put the tyres to 36PSI and to run them between 32 and 38 for all normal cars.
i think its not just the weight of the car that affects the amount of pressure you need to put in, but the type and shape (profile) of the tyre
some tyres need more pressure to hold the right shape than others.
and my last thing, if you go too low the side wall has to flex a lot more each rotation and if the tyres are too low you end up with the same affect as repeatadly bending a bit of wire back and forth, it breaks...
and none of us want that to happen... but i think its only a reall risk for long driving with under 25PSI (ie 130KPH down the freeway to brisbane)
So all i can say is type out a few different pressures and see what you like..