I listened to the podcast "that triathlon show" the other day, when Mark Burnley (PhD) talked about lactate threshold. He used only LT1 (the first threshold when lactate is beginning to be produced above resting levels) and then he used CP. He said there are no other thresholds and this made me realize the so called lactate threshold (60min) is just a number, but it still does not have to be a bad idea. The concept of a CP that is the upper sustainable power (or velocity which can be the same) can be true, but that does not mean TRAINING at this level is the optimal. Optimal training is much more complicated and probably connected to the whole balance in the training philosophy. In the Norwegian model and what Marius Bakken claims, training too much at a too high lactate can have negative effects, so he limited his intervals in base training to below 3.5mmol, but did a lot of it. He even claimed that too much at just right above 3.5 was enough to risk burn-out or stagnation. But it is all about volume at different intensities. I also think development of VO2max is a thing, for a while, but when developed other abilities are more important (running economy, high threshold pace, fatigue resistance, etc). Matured runners also show that their VO2 max is constant for years but they still improve. For young runners, maybe CP/CV is more important for a while to both develop threshold pace and VO2 max?
A difference between CP and lactate training is that in CP/CV you would go at certain power/pace, but in lactate training one can design very different interval sessions where the paces can vary with length of intervals as long as the lactate is below a certain level. For example I can do 45/15 short intervals at a threshold effort at 15-20s/mile faster than my 60min threshold pace. While a CP approach would probably not differ, but training according to CP can of course be used to control lactate if you know the relationships. (I have a Stryd and track power)