is it not more about putting load on the engine rather than simply high revs?
If you go racing you see (and hear) many of the cars get started up and immediately and repeatedly revved to quite high revs to warm things through. I have asked this with several different drivers/mechanics in the paddocks (both higher level and lower budget outfits) and been told similar each time that it basically sloshes the oil about, coating/protecting everything quicker than low rev situations, and as not under any load nothing is really at risk.
Hehe. It's not enough to persuade me to rev the nuts off mine from cold, stationary or otherwise.