There isn't a typical lye concentration. That's kind of like asking an avid beer drinker, "What is a typical beer?" Lots of answers!
I'm first going to ask you to switch from using "water as % of oils" and instead use "lye concentration". The link at the bottom explains why, but accept this at face value for a moment. As the lye concentration goes UP, there is less water in the recipe.
Important point to remember as we're talking about lye concentration -- the weight of the LYE doesn't change. For a given recipe, the weight of lye is constant!!! But you can use more or less water for the same weight of lye. You can make the lye solution weaker (less concentrated) by using more water when you mix up the lye solution. Or you can make the lye solution stronger (more concentrated) by using less water.
Next thing to know is the approximate lye concentration for "full water" soaping is about 28%. This is for a balanced blend of fats. Use this 28% lye concentration as your rule of thumb for "full water" soaping -- this is pretty much what you get when you use the default of "38% water as % of oils" in Soapcalc.
One of the problems with "full water" recipes is that some recipes will trace really slowly with that much water (olive oil). There is more chance of streaking and mottling ("glycerin" rivers). There is more chance that the soap batter can separate in the mold. A full water soap is more likely to go into gel, which is a disadvantage if you don't want the soap to do that.
To reduce some of these issues, many soapers use less water to make their lye solution. This is sometimes called a "water discount" but there's no need for a fancy name. To use less water in your recipe, simply set the lye concentration to something higher than 28%. Don't make huge changes -- just a percent or two is plenty. I'd suggest you try a 30% lye concentration for your next batch and see how that works for you. Many soapers routinely use a lye concentration from 30% to 33% for recipes that have a balanced blend of fats.
Some types of soaps can do better with a specific lye concentration. For example, a 100% olive oil soap might work well when using a 40% lye concentration, because olive traces very slowly when the lye concentration is lower. A high coconut oil soap might be happier at a lower 28% lye concentration, because coconut oil traces fast and often overheats in the mold when the lye concentration is higher than that.
For more about why lye concentration makes more sense to use versus "water as % of oils", please read:
http://www.soapmakingforum.com/showthread.php?t=53642