Right, put simply, yes, holding the gears will enable the car to rev to literally the rev limiter, and won't change up. (unless, as has been suggested, in etreme case the box will actually protect itself and change up anyway)
but that's what sport mode does anyway. It changes up at the point of peak power, that's why it's designed, and what it's designed for. Don't forget that the box invariably takes a second to change up anyway, so even if you
do wait until the
optimum,
perfect time to change up a gear, I'd have thought you'll knock the lever...one....two....
then the box will change up. At that point I'd surmise you're probably at the rev limiter, anyway, and dropped of the peak of the power curve. I would simply
love to try this on my car but, well, no.
Perhaps on the 2.0litre ex-taxi I just bought for the panels, but I won't be punishing my poor old girl like that any time soon, hehe.
However, no-one knows anything until someone tries, and experiments, so hence my thoughts about a 'sacrificial' gearbox. Enabling you to try such things.
Sport mode makes, in theory the perfect time to change up. As I say, though, feel free to experiment with holding the gears manually, just do it on a gearbox you don't need to get you to work every day
Also another thought, as you mention the magnet in the 'box... worth perhaps cleaning the magnet completely, then ragging the box, then upon you finishing/the box exploding, re-check the magnet. Be interesting to see how much has been 'filed' off the gears in the tests.
Also, do the manifold leak; however, this should't be affecting your times, in my personal opinion.