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I frankly don't understand how having two Carrera lines, one rear-engine and one mid-engine would have done anything but cannibalize sales from the 911.
The whole point of the Boxster exercise was to expand the product line into a market for which they had no existing product and thus gain new customers, not to split sales between two models.
I do, however, agree with you that the Cayman is Porsche's ace-in-the-hole in GT racing. You could also be right that any Cayman-derived racer might show up as some kind of 911 variant, just to keep the 911 on the top of the heap.
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