The purpose of adjusting air pressure is to properly shape the footprint (contact patch) of the tire against the road. As Deano points out, the tire pyrometer is the only legitimate tol to determine correctness of air pressures for each car and driver.
Friction between the tire and road surface creates the heat that makes your air pressures rise. The harder you accelerate, brake and corner the car, the more heat is created and the higher your air pressures will rise. Different drivers and different car set ups will create different heat scenarios.
To get the most grip out of the tire, you have to get it hot enough to be inside of its optimal temp range, not less and not more. Deano's numbers are good ones. When you take tire temps in pit lane, the temps have already cooled off considerably, possibly as much as much as 40 degrees or more. If you aren't up to at least 180 degrees on track (140 in pit lane), you're not working the tires hard enough to get them into their optimum grip range. If you're over 250 degrees (210 in pit lane), you are too hot and in danger of blistering the tires.
If you are constantly below the range, reduce tire pressures to create more heat unless the the pyrometer tells you you are already so low that you are riding on the rims. In this case, drive the car harder, use a softer tire compound, or try tennis instead. If you are constantly above the range, increase tire pressures unless the pyrometer tells you you are already so high that you are running on the middle of the tire only. In this case, drive smoother, stop sliding or skidding the car, or purchase some more life insurance.
26-27 PSI hot sounds OK for autocross since you can't build heat as quickly by driving the car hard. 38-43 PSI hot sounds like the optimum range for road racing. The tires will wear much better at high pressures. Personally, I find the Hoosiers to feel mushy and less precise below 38 PSI. I find them slippery above 43 PSI. I've also found that the stiffer you go on spring rates, the lower you go on air pressure to make the car dance. If you have stock spring rates, stay on the high side of the air pressure range. If you have have relatively stiff spring rates, say in excess of 500 lbs front and 800 pounds rear, I'd tend toward the low side of the range.
Balance the handling of the car by adjusting pressures differently in front than rear. If you stay within the prescribed temp range and air pressure range, you can reduce understeer by adding pressure to the front tires or reducing pressure to the rear. You can reduce oversteer by doing the opposite. I've found good results running as much as a 5 PSI hot difference between front and rear.
As for the BFG vs Hoosier, unless BFG has improved significantly since 1999, the Hoosier has been far superior than the "G-Farce". The old R-1 that preceded the G-Farce was superior to the G-Farce also.
If you want to go way fast, use new Goodyear slicks at $1,600 per set...the Goodyear scrubs aren't any better than a newish Hoosier, although they can be purchased for $300 per set instead of the Hoosiers at $1,000 per set.