Loafington,
You bring up a good point, however would the figure not be for a perfect enviroment as far as the air flow. With our bikes having the air cleaner/intake setting out there being effected by different factors, the VE of the engine would not directly relate to what is needed for the filter since there will portion of the filter that have a negative pressure and other parts having a positive, which will effect the amount that is able to flow in at the particular situation.
If you go with minimal CFM rating based on a the Swept Volumn and VE of the engine, IMHO, you could have situation (and more than likely will) where the needed air will not flow to the rate designed and thus possibly end up starving the intake.
An example would be the spike filters-pointed forward, the will be area of the filter that have a negative pressure to it due to pd of the flow thus not allowing air to fully flow at rated. If the filter is set to minimal CFM as per the engine, you could have less actually flow going to intake due to the design, palcements and constant change of pressure across the filter.
Having a larger filter flow rating, will allow for these decrease in flow through and still allow for enough to insure that the engine needs are being met as well as allowing for a gradual decrease in flow as the filter becomes more restricted from dirt and particulants.
Another factor is that with certain situation, your can induce more air due to the higher pressure of moving at speed. In short there is so many variables going on with a constant change of enviroment that having a filter rated based on VE and Swept volumn alone, would be pushing it.
Just my 2 cents