Ronster-
While I agree with your post in general and for a generic situation, I disagree a little for this particular post and situation.
1.)While it might be cheaper to use an 11" plate, that wasn't what was asked.
2.) "Also, the elastic modulus of steel and wood are not the same so they will not deflect the same unless bolts transfer load between them."
This is only true if the wood and plates are different depths - which was not the case in this post. But in the case where they are different depths, the fact that they will not deflect together has nothing to do with different E values, it has to do with the geometry of the condition (i.e. that the load must be transferred through the bolts). The point of the bolts (generally speaking) is to ensure that the members DO deflect together.
3.) "There "IS" a need need to transfer load through the bolts. All of the load is transfered from the wood through the bolts and into the steel and back through the bolts into the wood for bearing"
Again, this is only true if the wood and plate are different depths and/or are cambered differently. Again, not the case for this original post.
4.) "The steel will support most of the load over the span as it is stiffer. You need the bearing value of the wood at the supports as the steel plate will typically not have enough bearing area."
If the steel is bearing on the support (again, as was the case in this post), all of the bolts in the world won't get the load out of the plate and into the wood for bearing on the support.