Hat tip to Abu M: What is the value of high value targeting? A presentation by a veteran intelligence analyst Matt Frankel, on leave from his service in the intelligence community..., gave a compelling presentation on high value targeting (HVT) campaigns and their utility. His findings are; see the link:
http://www.cnas.org/blogs/abumuqawam....html#comments

Mr Frankel will be publishing more, plus slides, another time.