With my conventional engines, I do not get that much smoke. However with my LionChief engines running at slow speed, I get as much smoke as you show in your video of an MTH engine running at slow speed. I think the difference is that the LionChief engines have 18 volts even at slow speed while my conventional engines have much less voltage at slow speeds.
While you are making a semi valid observation of track voltage, there are facts about the Lionchief you may not know.
#1 Lionchief engines use an 18 Ohm resistor and a form of voltage/power regulation from the Lionchief control board. This is what allows a Lionel engine to smoke the same even at lesser track voltage than 18 Volts. The smoke unit is not anywhere near as dependent on track voltage and further is designed around a lower source voltage so that the regulator can make it work over a wide range of track voltage.
#2 Many conventional engines use either 27 Ohm and some even higher like 30 Ohm resistors and NO power regulation from track voltage. Thus- on these engines- there is direct correlation to track voltage and most specifically complete lack of any regulation.
Edit, I'll also add that modern MTH and Lionel smoke units are using 8 to 16 Ohm resistors and regulation (Lionchief Plus, Legacy, even some TMCC advanced engines). The lower the resistor value- the lower the voltage so some modern trains can and do smoke at 8-10 Volts- but again, this is by design and must have voltage regulation capable of feeding those lower value resistors. It's really the addition of smoke control circuitry and lower value resistor that allows this.