What other parts would possibly be flexing?
While I can't explain why a second gen's forks would feel so much better to MCRIDER007 (of course the fact that he had just spent $15k on a new bike might make it
feel better even if it wasn't. Just kidding!
) there are just far too many other variables in that "head to head" comparison to say that the perceived improvement had anything whatsoever to do with having a third bushing.
Old Guy did a great job of summarizing my theory, and did so with far fewer words and no lousy pencil drawings. Yes, the top two bushings are mounted in the (stiff) lower tube and the third bottom bushing is on the inner tube. So yes there is a small amount of tolerance even with all three installed. Having some of that tolerance is critically important. Some space is required for the oil to maintain a film between the sliding surface of the bushing and the machines surface it is sliding against. When the space is gone you will have friction, and friction is very bad for suspension performance.
The fact that the second gen bushings wear the teflon layer off so quickly is prima facie evidence that this is what is happening during use. If the oil film were being maintained, the teflon would last forever, or at least much longer like it does on the 1st gen 2 bushing design.
The aftermarket suspension tuners all think removing the middle bush is a good idea. I'm betting that they have dome back to back comparisons of the same fork in the same bike with and without the 3rd bushing to come to those conclusions. Or someone with a 2nd gen could do the same if they were predisposed to making the comparison. Fortunately (for me) I am not in that position as I can't install a third bushing on my 1st gen