See Scott Martin's thought on this
HERE. You don't say what printer you are using but I can tell you from my experience that with an Epson 3880 and matte papers from Hahnemuhle, Museo, and Canson I see virtually no difference between any of the Epson Fine Art Settings. I settled on using Velvet Fine Art for all of these when I did my profiling. Scott's pattern set does contain a smudge test spot that you can use to see whether over-inking and improper dry time is a factor.
that link seems to be down.
I have a target that looks like a 'target', alternating black and yellow bands. I look for puddling in the blacks and black bleed in the yellow and vice versa.
I've found you can increase the ink load sometimes, but usually the results are not visually different than just using the media type recommended by the manufacturer. On most papers I also haven't found color munki profiles to be better than most of those provided by manufacturers.