Jeff,
If my understanding is correct, you won't see much, if any, difference if you are using full power to the track, as the sine wave would be the same at this level. However, using a TPC would bring you quite a few other benefits. You'd gain a valuable extra level of circuit protection, and be able to lower the track voltage (if desired) without loosing smoke/coupler/performance functionality. You would also then be able to run conventionally using your remote at any time you wish, and be able to turn track power on and off from the remote too. There are also quite a few other benefits of using a TPC. Have a look at the TPC manual on Lionel's website for the full details.
I use TPC 300 units with 2 x 150w transformers powering them. Like you, I normally only run with one transformer switched on most of the time, but the other is ready as a standby in case of failure or the need for more power at any time.