Oz,
I have not tried to push the torch to it's limits so I don't know the maximum troy ounces I can melt at one time with the torch. My biggest Pt melt to date was just shy of 20 grams and it melted like butter in only a few minutes.
With a good steady flame the hydrogen pressure gauge reads between 3-5 psi, and the oxygen is adjusted so the flame doesn't get cooled down by the flow of oxygen. Too low of an hydrogen flow causes lots of popping and too high of an oxygen flow cools the flame. I'm not a welder so I don't know if any of this can be quantified or the reasons for what I observed.
A side note that may be important is that my rig has flashback arrestors on it that caused me a lot of grief when initially getting the torch flame right. Once I had the tank pressure adjusted properly the flame would burn fine. I found I had to crack the seal between the arrestor and the gauge to get the gas flowing.
I also had adjustment knobs on the side of the torch wand to fine tune the flow of H2 and O2 coming out of the tip. I adjusted these for the hottest temperature (fastest melt) with minimum popping/sputtering/whining of the flame.
It would be nice if someone with more experience using hydrogen torches would comment on my observations (arrest, popping, sputtering, whining, proper pressures, temperature vs flow rates, etc.) as I do not have enough experience using one to give sound advice on what is actually happening. Everything I know I learned from experimenting with the torch until I found something that worked for me.
As for tip sizes, again I'm no welder, but the tip I used is about 1/4" across at the tip and has five holes of approximately 1 mm size. This tip was given to me by a friend so I don't have any specs on it.
Steve