Anyone know if the 120 vs 240v issue gives us (in the US/Canada) less real world capacity in the tool receptacle on the CT's?
Yes, unless the wiring between the receptacle and the main power bus in the tool was increased for the NA versions.
If these are wired for (and this is just an example) 2300 watts and 230 volts, that would be 10 amps. If I lower the voltage to 115 volts, the same wiring can still only carry 10 amps, so the power capacity is 1150 watts.
I don't know exactly how they were wired, but I use the example above strictly for demonstrative comparison.
The voltage a conductor can handle is dependent on the insulation and most common wiring I've seen can take 600 volts very safely. The current carrying capacity (sometimes called ampacity) is dependent on the conductor (size, configuration, material, and surrounding). So the wire will limit the current but the insulation won't limit the voltage in this case because the voltage is dropping. If the voltage drops and the current remains the same, the power drops proportionately. 1 watt = 1 volt * 1 amp
I see you posted while I was writing this, Ken. I may be wrong but I don't think the wiring's resistance is significant in this analysis.
Tom