Welcome Jeff78 !!!
Yes I agree with you, that HTHS of 3.1 cP looks very low for a SAE40, something isn't matching up there.
I was reading about FM and wetclutches, some were saying it makes the clutch action a little smoother, as the plates don't suddenly grab but have a little give for a moment as the FM is swept off the plate surface. You just don't want too much FM so the plates slide for too long, probably related to power output too. No links, just something I read a few years ago, it made sense to me as I mostly ran PCMO's in my wetclutche bikes also without any issues.