IMO, you are better off reducing intensity by lifting the light at full power if you have room. If you lift the full power light until the PPFD at the canopy top is at your target level, you will deliver more light lower in the canopy than you would by turning the light to lower. Counterintuitive, but true. I suspect that when the term "penetration" is used in indoor grows, it refers mostly (yeah, I know, not completely) to this effect.
Having said that, on the whole, I think more light is usually better. Unless you see actual damage from light, I very much doubt that DLI's up to ~~800ppfd/60 DLI would be a problem for anything other than seedlings with less than a couple sets of real leaves. I provide ~400-500ppfd for my babes, and ramp it up to 600-700 after they have a couple sets of leaves. Cannabis in the wild has to put up with ~2000ppfd in direct sun at germination, after all - it may not like it, but it will usually get past it. The main issue (I think) with DLI and LEDs, as long as no damage is done, is efficiency, not horrible damage effects. If you give them more than they need, the plants will not be able to use it all
as efficiently, so the power bill will go up more than the yield will.
However, that does not mean that the yield will not go up, and that is an important point. It is also true that light intensity affects plant anatomy, less light or less blue light means more height, more light and/or more blue produces a more squat plant. My current grow has kept all my plants short due to a lot of light, and a lot of blue from my screwin led's. Next grow, I will reduce the blue light to get a bit more height.
I don't chase efficiency because I need the heat in the 'drobe anyway. Different strokes and all that. Good luck with it.