Time to argue?! When to shift

Ok, now the last forum i was on i got a huge debate started over this one. And these were all domestic car owners so im interested to see your point of view.
Ok, i race often (not in the winter though) and can say i am the best five speed driver that i have seen in these parts. Not saying there isnt better of course but the one thing ive been told is that im impressive by shifting w/ out letting go of the gas peddle and not ever hitting my rev limiter. Now the BIG question is when do you shift?? Now stop and think before responding. My Cougars' peak HP is at 6400RPM, and my peak torque is at around 5400rpm's. I shift at my peak HP, sometimes missing it by 200rpm's but you get my point. My strong belief is that you shift at your peak HP. Some say you lose to much rpm's when you shift so you should shift near or on the redline. I say wisetail, if you can shift very well and shift at peak HP your torque which is just below your peak HP will bring you back up to peak HP(quickly), right?! I only lose 750rpms(+- 250rpm's) when i shift, so i stay strong in my belief that you should shift at or close to your peak HP when racing, and not to bury your tack at every shift. Now your thoughts.