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I'd add one more scenario: If you plan to run an underdrive crank pulley, a high flow water pump can help maintain the same cooling ability as a "normal" water pump when the water pump is underdriven and with less parasitic drag.
I didn't understand that you already had the high flow water pump.
If you don't have a heat problem, a high flow pump won't fix anything but it WILL steal more HP. If you swap to an underdriven crank pulley you get good cooling and less parasitic power loss (slightly more parasitic loss than an electric pump but without the reliability issues with an electric pump).
Bottom-line: IMO, high flow pump without an underdrive crank pulley not usually a good idea, with one, a great idea.