His statement about mudguards I can believe, when the guards are a similar width to the tyres and fitted close to the tyres.
My mercian came with 90mm-wide mudguards, mounted nearly 25mm from 50mm tyres. They are absurdly over the top and I'm sure they create a lot of turbulance - in a strong wind or when going fast, the front guard 'flutters'.
It would be interesting to find out how much difference the gap between guards and tyre makes. Intuition says it would be alot.