GeoM,
I'll tackle this one since I brought it up. I'll let Tom respond to your difficulty in linking the value of theoretical work (necessary for understanding) to the real world.
"Some people espouse maximizing the ratio of the lift coefficient to the drag coefficient."
and
"A similar issue will exist for the ratio L/D."
What?
The second IS the first.
"... it has the effect of setting the value of the attack angle, which might not prove to be ideal for an actual operating turbine, which has to deal with a wide range of wind conditions."
Of course it establishes the correct Angle of Attack (AOA) (typically, 3-8 degrees). The polars derived from wind tunnel tests (hopefully done at low Reynolds numbers applicable to wind turbines) of a given airfoil, relate Cd to Cl to AOA which is what is need to properly design a blade.
There is an additional correction factor needed to account for the blade aspect ratio but you need the AOA to calculate it.
What constitutes a less than ideal AOA for an actual turbine and what are the wind conditions you are concerned about?
"What values of L/D work well for an actual operating wind turbine?"
Refer to the chart in an above comment. It depends on what value of Cp you are willing to settle for. If the average DIY rotor has a Cp of 0.3 and if there are practical ways to improve that to say 0.45, wouldn't you want to do it? An L/D of 100 is good to shoot for.
Higher L/D isn't the only way to improve Cp, but it is the most significant parameter and is not difficult to implement.
"The situation is made more complicated by the fact that people really give up trying to match the blade characteristics to the apparent wind toward the root."
And rightly so. The area of the blade inside the 20% radius contributes little (4%)to the rotor power output. This region should be more given over to the structural requirements of the blade.
"... perhaps you should write a computer program for some of the common air foil profiles to see what attack angles would give the best ratios of L/D over the entire blade length for say a TSR of 7."
Why reinvent the wheel? You seem to be approaching the problem backwards. The first step should be to research the published, documented airfoils suitable to wind turbines and obtain the polars for low Reynolds numbers. From these, the AOA for best L/D pops out.
I hope you don't mean by "common airfoil profiles", the arbitrary airfoil-like shapes that seem to be used by the majority of the DIY rotor makers. There is no way I'm aware of to predict the performance of an arbitrary shape with any degree of accuracy. Wind tunnel testing is required.
I think that perhaps, you may be confusing AOA with blade angle when you talk about "over the entire blade length". Blade angle and AOA are different animals. There is only one AOA for best L/D, for a given airfoil, and that is true regardless of the blade radius station.