It’s called a flyball governor. From James Watt I believe. Modern etymology expands the term balls out for pretty much anything with a throttle.
I understand that concept... What I’m wondering is how “balls to the wall” came to be thought of as anything other than a ball-shaped throttle and a firewall. I don’t see a connection to a governors ball-shaped weights and a “wall”.
Back to the OT, ... I think high RPM is considered to equate to high wear rates by most people...and that is not a linear relationship. The number of revolutions an engine accumulates is not a finite number as it relates to longevity. Once the high-wear initial start-up/warm-up occurs... very little additional wear happens relatively speaking. The lubricating oil insulates the moving parts from each other and carries away heat.
The highest wear occurs when RPM is varied repeatedly. If the engine is stabilized at RPM and temperature it suffers very little degradation as long as oil pressure and temp remains stable.
High RPM also does not equate to high piston/ring wear. High LOAD does, however. Example: If the engine is operated at less than optimum RPM and increased workload is applied, the engine initial response is slowing... which changes the oil-film-surface-tension and can cause momentary increased wear on the rotating parts... THEN the governor (in an attempt to restore selected RPM) will increase fuel-flow, which FURTHER loads the bearings.... AND the manifold pressure is increased as the throttle is opened further loading all moving parts...(the piston rings are expanded against the cylinder walls at this last point thereby increasing friction, just when RPM lagged and reduced the “oil-sling” lubrication of those cylinder-walls which normally lubricate and cool piston rings and pistons.)
The comparative result is that high operating RPMs can actually REDUCE engine wear compared to lower RPMs that create demands for increased power due to changing loads (such as acceleration requests or HST forward/backward requests or clutching requests.)
Another illustration is the well-known longevity of stationary engines which operate for long periods at stabilized loads and RPMs. Those engines avoid those increased-wear situations just-described and therefore have long lives. Engines upon which frequent RPM-changes are demanded have noticeably shorter lives.
Bottom line: If your operations require frequent throttle or governor actuation then a higher “base” RPM of operations will likely reduce engine wear AND fuel consumption and result in longer engine life.