He's correct that newer heaters are often significantly more efficient. That old Raypak may have been 60% efficient; I believe the current Hayward Universal heater runs about 83% efficient.
I'm not sure about the other. If he meant that over-sized heaters can cycle on and off too much, he's potentially correct. But if you understood him correctly, than some of what he's saying is just gobbledygook, probably due to ignorance rather than maliciousness. Over the years, while waiting at the pool wholesalers, I've heard pool guys express truly bizarre misunderstandings of how things work.
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