Somewhere in my readings, I came across a thread where someone running an industrial sized pellet boiler commented that they "grind" the pellets essentially into dust and blow them into the boiler.
I could have misunderstood what he was describing though.
That's how we do it! Very picky critter though! However we are burning it before the wood falls to the furnace floor, it's all burned in suspension.
The reason why I like my Kedel so much is it impliments MANY of the features my industrial boiler does for efficiency and convenience. "Soot blowing" (air vs steam), modulating control with a PID controller I can manipulate, O2 control with a PID controller I can manipulate, remote control (our boiler has been controlled from Sweden many times to save flight time from technicians), firing rate limits, stack temp read out with trending options on all parameters. An engineers dream!
However, the regular homeowner can set it and forget it too!
To get back to pellet stoves and EFFICIENCY more than an application feature there is much to be desired on that front from most the stoves I've witnessed personally. Exhaust temperatures are too high, o2 values vary with brands, heat exchangers ash up too quick, burn pots clog up too often. Without these options will you still burn wood? yes! However that is only marginably more sophisticated than my beloved wood stove.
I have seen first hand when I change brands of pellets my O2 controller will take over and drastically change my air and fuel rate settings! My friend with his Englander is stuck with only 1 or 2 brands that work "good" and a few more that work "ok". I'd like to bring our stack gas analyzer to his house to see the differences between all the pellets available in our area because they do make a LARGE difference! This can relate to combustion efficiency
As far as heat exchange goes, you could easily set up the stove to have more heat exchange surface area and even have a final stage pre heating cold OAK air. Temperature control in the exhaust could modulate a bypass around the final parts of the air heat exchanger to avoid condensation in the exhaust piping at low firing rates or start up periods. We've had air heaters with built in bypasses to avoid condensation for 100 years on industrial boilers. However it was even more important on those units burning Heavy Fuel Oil (aka Bunker C, HFO, RME 380+, #6 Fuel oil.... or basically sludge) since the high sulfur content of the fuel mixed with condensed water makes sulfuric acid!