I wouldnt be suprised if the increased fuel economy of higher octane negates the savings of lower octane/lower economy.
If the engine is producing less power, it will have to work harder and use more fuel.
obviously I have no hard numbers to back it up!
The engine uses the same amount of fuel to hit the lambda value the EEC is calling for. Timing is the only real difference between 87 and 92, and that's only going to be at WOT. The engine produces the same power on both octanes during non-WOT usage.
People have tried to show that 92 gets better MPGs than 87 in EcoBoost engines, and its always the same mileage.
I know you know all of that though.