"room temp" should be the most efficient way to run it...and that's what Harman says. I think the thing that makes it confusing is that there's a "feed adjuster" knob, and people equate that with "feed rate". its not the feed rate; its a feed limiter. it sets the maximum amount that can be fed; not the actual amount that will be fed.
If you're using fewer pellets on "stove temp" mode, you're getting less heat. You're not going to get the same amount of heat on less pellets. Its quite possible, (and probably very likely) that you're combination of settings in "stove temp" mode will send more heat up the chimney than into the room. In fact, they even describe how to do that very thing in the manual, so that you can enjoy a big fire without overheating the house. Big fire=big heat=big pellet consumption...if that heat isn't going into the room, its going up the chimney.
Even if an "ambiance fire" isn't your goal, the likelyhood that you'll be able to dial in the exact amount of heat output reuqired to maintain the temp in your house is slim. The weather is in a constant state of change; with the stove set at a fixed output (stove temp), the house is either going to steadily heat up, or steadily cool off. Room temp detects those changes and adjusts accordingly.
having said that, I may be experimenting w/ stove temp over the next few days, as we sink into these record cold temps. Problem in my house is that my basement has been getting very cold without my furnace running. I found the magic in these magic pellets. the "magic" is that 1/3 of my house is 20 degrees colder than it was before. I didn't realize just how much "loss" there was in my fha ducts. I thought the ground temp was keeping my basement at 55-60 degrees; NO, it isn't. its the leaky heat ducts! In the single-digit weather we've already had, I saw the basement temp dip to 41F. I think that's about as cold as I dare have it. With the upcoming sub-zero temps, I'm thinking that I'd better run the furnace some, to keep the water pipes from freezing. But how much? I don't know. And how to set the thermostats so that they're not arguing with each other? I'm thinking maybe "stove temp" mode, on a medium to medium-high setting...whatever will keep the furnace thermostat (opposite end of the house, so its always a little cooler than the stove area) in the middle 60's...set furnace to 68. I could probably accomplish the same thing in "room temp"...we'll just have to try it and see.