Hi fbushaw,
I would like to point you to a short paper written by Roseburg Lumber on a sawmill sort they did. In the paper, you will see that the claim is that "dryability" is a better method of sorting than just by moisture content. The concept is that denser wood with less moisture will dry typically the same as less dense wood with more moisture, so a better metric is the overall green density of wood that takes into account the density of the fiber and the water combined.
here is a link to the paper and an excerpt:
http://ir.library.oregonstate.edu/xmlui/bitstream/handle/1957/6341/Reader%20and%20Wallace.pdf?sequence=1"Green density is the combination of wood fibre and water, and gamma ray absorption cannot be used to distinguish between these constituents, so it is not possible to measure moisture contents. However, it is more difficult to extract water from higher density wood in the drying process, and green density has been proven to be a good indicator of the ‘dryability’ of green timber."
I think the main point I take from this is that if you have dense wood with high MC in a batch with much lesser dense wood and high MC, by the time the less dense wood is dried, the higher dense wood may very well still be wet. However, if you put the high dense low moisture with the low dense high moisture in same sort, they should dry more uniformly. i.e. the ideal sorting should be based on this "dryability" factor and not just on moisture content alone.
I know this doesn't answer your original question, but it might help shed more light on the topic in general and help in refining your sort strategy.
Tim