Sorry Jim, but to calculate in that manner is that not assuming that available power input is a constant, or at least will not fall below a certain mark? This site gives a gear inches recommended range for a given type of riding:-
http://www.hubgear.net/selection.html
This would indicate that a solo road rider shouldn't need less than 30 inches or more than 110. As it's about selecting hub gears I'd guess that he hasn't included recommendations for serious racing as I'm sure that's a whole different ball game.
On a personal level I still like the idea of a 8/9 speed bike with about 6 gears in fairly even steps from 40 inches to 90 inches. The other 2/3 gears can be a sort of over/underdrive. This can be done with one chainring if the extremes don't need to be too severe or a second ring(like JohnyC) if you want some really low bail out options.