Conceptually, I have no problem with the idea that knights who walk slowly at a unit of pikes in a wider formation and chip away slowly at the flanks and where opportunities present itself fare much better than a tight mass of knights who rush pell mell head into the waiting mass of spear tips.
Now, if you're not at risk of being impaled, (say, vs sword infantry or archers)the tight charging formation should do more damage than the loose 'walk slowly up to the enemy' formation.
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