I studied 20+ seasons of data a long time ago. Same staff, different PC catchers, enough innings to count. I believe the numbers were something along the line of .12 in ERA for every 10 points in PC. There were outliers of course but, for the most part, there was enough data to "prove" it matters. IOW, the difference between 50 and 60 was small enough for varied results. The difference between 40 and 80 was half a run per game.
IMO, a 49 who mashes with a RC27 of 8.21 is much more valuable than a 94 with a RC27 of 3.44. But you have to adjust your pitching staff to "cover" for the additional fatigue that results from a .53 higher ERA.