I sorta answered that in the recent Algaefix thread. I'm not sure. Some people say that the pH drop from co2 isn't the same as from other acids like the high nitrate, low acid from "old tank syndrome" or tannins from leaves, etc. used to make blackwater. I think TwoTankAmin uses muriatic acid for his altums. But why not? I know the co2 "dump" at the last of a co2 tank can wipe out fish, but is that from pH drop, lower oxygen maybe? or something else? I do remember low pH can slow cycling. But I don't know if that might be true for blackwater fish & what bacteria may affect them at different pH levels. Many things in our tanks are just a little way away from problems of many kinds.
I recently cycled a new tank using established media but it didn't go as fast as I expected. I tested my tap water & the KH was 1ppm, eek! It used to test at 2 or 3ppm, barely ok if I change water regularly. Since nitrifying bacteria use KH as part of their lifecycle process, I added crushed coral to filters. Plants require KH of some level; some higher GH to outcompete some algae & for general health. You need some KH & GH to keep things stable...likely it is more about "stable" than "optimal" for many parameters.
An interesting topic, I'd like to learn more about it. I know you have more sensitive wild species. Maybe ask on, say, simplydiscus, or planetcatfish? But you need to specify that you're talking about wilds, not the probably much more tolerant tank or farm bred fish. I have old fish books that assume many of our fish were still collected from the wild, but that's not true for many these days. When we first started keeping fish, we used old books to help us decide the "optimal" pH & maybe killed some fish that weren't acclimated to that. & likely not a stable pH either. Tetras come to mind but there were others I think. (I mentioned my husband is a chemist, still in uni at that time. You want a specific pH, we can get it there. Those poor fish!) The roller coaster of pH, KH & GH from big changes is probably worst of all.