Have you actually tried the ramp test at one point?
Exactly, FTP might not matter to you as a metric, but it is essential if you want to be able to train properly. If your FTP is off by a massive amount (which seems plausible in your case), then a supposed threshold effort is, physiologically speaking, just tempo. And VO2max might be threshold or even sweet spot.
No, quite the contrary: that is usually recommended. However, if both of your power meters differ by that much, you should first figure out which is producing bad numbers (perhaps both). E. g. you might have a leg imbalance, and your single-sided 4iiii could then over- or underestimate power.
E. g. I have trained with a single-sided 4iiii power meter for several years. But my body is smart-lazy: I developed a severe leg imbalance which overemphasized the left leg (55:45 under normal conditions, but it could reach 58:42 in recovery valleys when I was exhausted). That is because to raise the indicated power by 2 W, I only need to raise my actual power by 1 W on my left leg. If that is the case, then your 4iiii power meter might measure correct numbers, just the assumption that your legs contribute equally is false.
Many trainers offer left/right leg imbalance measurements. These are not as good as power meters with truly independent measurement of left and right power, but they can give you an indication.
Also, what are the absolute power numbers you are producing? 20 W at 250 W? 20W at 300 W?
I don’t think that is a good idea, especially if @OzCanuck doesn’t actually have an idea of what his actual FTP is. Like you wrote, Kolie Moore’s test protocol might give you invalid results if your initial guess isn’t in the ballpark.
IMHO he should keep it simple, focus on one simple test and then validate the number he gets. I think a lot of overcomplication and overthinking when it comes to FTP test protocols can be completely avoided if you simply verify your numbers and get a good idea how close your actual lactate threshold is to the number a particular test spits out.
If you have no idea where your FTP sits, I think a ramp test is the easiest option. Also with the 20-minute test, you have to guess your FTP first.