You have got me thinking though about the effects of depth of CoG. Contrary to SteveT's post above, offset must move the CoG forwards relative to the clubface. So I do wonder whether designers are trying to manage, rather than just maximise, the depth of CoG. And maybe wide soled, back-weighted head designs NEED chunky offset to keep gear effect from getting out of hand when you're constrained to a flat face.
Good point. I've never seen a convincing explanation of offset. If anybody has one I'd be keen to read it.