The draw is the main issue in this sense and for this crowd. Nothing in the code says its rated for rodent chew or really says much about a pinched wire and circuits above 30 even allow smaller ground wires as does most of the equipment connected to 20A circuits.
The whole system is based on the connected load. "The expected electrical draw of the fixture is not the main issue, the main issue is protecting the wire from overheating if something unexpected happens."
The design of the connected equipment protects the wire or the wire is sized to carry the load with a safety factor and really the only time the breaker provides thermal is circuits with multiple outlets. Having said that,,,, not that it wont open on thermal but its not to be used as a thermal limiting device for circuit design. You can wire a 30 circuit with 14 wire,, not to an outlet but to equipment with an exception to outlet for welders.
I mention this in another thread, saw it a while back, wasnt a real big deal was to light fixtures.