I use NaOH and KOH from The Lye Guy. I use his 96% number with good results at 3% superfat. I don't see my LS separating due to being fat heavy, nor do I get zappy soap due to excess lye. Is there a reason why you think he might be misleading you about this?
I also take care to keep my KOH and NaOH as utterly dry in storage as possible, so it stays as pure and consistent as possible over time. Storage conditions at your supplier and in your soaping supply cabinet can greatly affect the purity of KOH and NaOH, so that's another important consideration. And that might be why you see some suppliers give a purity range of 90% to 100% for their KOH. This allows more wiggle room for purity loss during storage. Or allows room for purchasing KOH from various manufacturers that make KOH at different purity levels. Just some guesses that might explain this.
Speaking as someone who used to be an engineer in the industrial chemicals industry -- There's little economic value in making KOH at 99-100%. But you don't want to make KOH right at 96% either because any slight variation in your process might drop your product below the acceptable minimum. You want to run a chemical process to shoot for the middle or lower-middle of the purity range. That gives you a little wiggle room for slight variations in your process, while minimizing costs.