My thinking, when saying what I said, came from something along these lines:
I apologize if I misrepresented that idea.
I measured roughly a 15V drop, running a power saw in a room at the far end of a home. The run of wire to that end of the home, including various loops around the walls and via various connectors, appears to have been around 100 feet each way. The wiring in the walls was 14 gauge aluminum. Not sure what the actual draw was from the saw, but it was enough to drop about 15V. The reason I bothered with any measurements at all was because the lights dimmed quite substantially. Bugged the hell out of me.
I can't imagine trying to understand a schematic by first replacing every wire with some complex representation of its impedance and then trying to fathom it. We will just have to disagree with each other on this point.
By the way, I took courses on the Tektronix campus back in the 1970's and this is how they also taught me to examine schematics. It's a thinking method not of my own concoction.
Jon