muhiratab said:
4JawChunk says:"Main drain is essential to...prevent pump starvation"
What if we were able to maintain water level in surge tank at a minimum?
He also says:" You should not see water flowing over the gutters constantly when there is no activity in the pool..main drain is there to catch the splash/surge not feed the surge tank with water constantly."
What may go wrong if we have this over flow constantly?
Not exactly what I said but close enough.
You want to extract water from the main drain to equalize temps throughout the water column, cold water falls to the bottom.
An outdoor pool may have water overflowing the edge of the pool to act as a giant skimmer somewhat similar to a negative edge pool. Some outdoor pools I have seen have water within 1/4" of the edge so that any activity in the pool creates a skimmer effect constantly.
What can go wrong? Not much.
Water flowing over the sides is normal operation when there are swimmers in the pool...but its noisy, keeping the water low in the catch basin is OK too as long as the pump does not suck air. There are no absolutes just guidelines, some people keep their pool water levels right on the arrow on the skmmer face and constantly add and remove water so it stays at that mark. Myself I keep it higher than that so I always have excess to backwash with and compensate for evaporation when its hot. I've even noticed newer skimmers have a range marking instead of an arrow because really where the water level is at, is not that important as long as it doesn't cause vortexing at the pump inlet and the weir door works properly and skims as designed.
Many of the questions you just asked are similar to what level you should keep water in your toilet tank, it will still work at virtually any level...just don't expect it to be able to flush large floating solid objects if the tank is kept low.

Not quite the same thing but you get the idea.
The beauty of these systems is they are adaptable to your local conditions and you can adjust it, in a commercial pool an overflow vee notch in the surge tank can allow you constantly replenish the pool water to control TDS or perform other related tasks like biological control. Commercial sanitation and water treatment courses teach you these things as there is no one way to accomplish goals and hundreds of different designs in the marketplace, knowing the function of the design features and how to use them to achieve your goal of sanitation is all you need to know.