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I like to go along with the "psychic lubricant" idea, that the thing already mechanically works as intended and the gestalt field just helps keep it going longer. With the AdMech quote, I think that's more down to "I don't understand how it works, so it must just be magic or something".

I also think there's a massive amount of placebo going on. Humans are massively attached to the idea of lucky rabbits feet, not stepping on cracks, doing things in a certain way for reasons. There's no reason why it can't just be that red ones go faster because the fastest vehicles end up getting painted red because reasons.