Maybe you should try to design the layout you are trying to build in that space with software (RRTrack, SCARM, etc.) first and figure from there if the limitations bother you?
Comments above are all good.
The geometry (IIRC) was described as being focused on the resultant center to center spacing being consistent when using switches to go from one diameter to another. Example, if you nest an O48 inside an O60 inside an O72, you are supposed to be able to easily get the same center to center spacing . (There might also be consistency possible if you build yard tracks using various turnout diameters. It's been a long time since I read the article that described all this years ago... Sorry my recollection is less than perfect.)
The thing that bugged me to no end was how the turnouts were not direct drop in replacements for a curve section in order to create a spur or passing siding(as they are for O tubular). The little extra "fitter" piece you need to include to mate up to the ballast of the turnout itself causes the geometry to become "impure". It may be close enough to fudge it with little ill-effect, but it's not a clean replacement. It isn't too hard to trim the ballast on a mating curve section though if you want to eliminate the fitter piece so you can drop the turnout in in place of a curve piece(without the fitter, an O72 turnout is I believe a direct drop in for a regular O72 curve). This is helpful if you are adding a simple passing siding to a circle (classic oval and circle sharing a set of turnouts to make the siding).
Also the O72 wye is really nothing remotely resembling the dimensions of an O72 curve, but it is of proper dimension to support (I think - again it's been a while) making a wye design using a single wye turnout combined with a LH and RH O72 turnout (along with lots of extra straights and curves in between, of course).
Good luck with your decision!
-Dave