The 12.7:1 Woosners have an intruder top to the piston crown -^- bit sticking up in the middle of the combustion chamber to reduce the volume. Because the combustion chamber is essentialy square shaped with the valves giving rounded corners>>
The bit sticking up, must be in the middle of the combustion chamber and also have cut-outs to clear the valves. So, the hill becomes relatively tall and probably jagged for the gain in CR.
I'm prety sure the 11:1 pistons are flat topped, so there isn't a big hill in the middle to interfere with the gas flow across the chamber when you have inlet/exhaust valve overlap and the piston is near TDC. Being flat, theres also less corners to become hot and, an you get an undivided volume of gas which should allow it to burn well.
Higher CR is good for both power and efficiency, but any gain from increasing CR with an intruder piston could be given back by building in a less efficient piston crown design. I'm not completely sold if intruders are realy the best way...
1. Skimming the head face will reduce the chamber volume as a whole(not just a bit in the middle). But it will also move the valves closer to the pistons by the same amount skimmed off. So, slightly deeper valve cut-outs may be needed so the inlet valves clear the piston around TDC.
2. If the pistons are still recessed in the cylinder bore at TBC. Then getting them flush or slightly proud (don't forget theres a head gasket to still give some piston/head clearance) would also increase the CR. Skim the top face of the block or changing the piston/conrod to bring the face up. Again, deeper cut-outs may be needed