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Beware that those curves were not for a centifugal pump. They were for a 'turbine' or 'regenerative' pump.
The theory about model engines running cool has to do with the idea that they have more surface area for displacement at this scale. Potentially it's easier to cool them, but they don't actually run cooler. You can estimate heat load by fuel consumption. For a display engine I think radiators are sized to match the scale of the engine with little thought into how much cooling is actually required. They simply don't have any requirements to run continuously. Most PC coolers aren't rated and obviously capacity is determined by both media's flow rates. Making 4HP continuously will require different cooling than starting starting the engine and cracking the throttle a few times on the display table.