"Most sources will feed people bull about drilling improving cooling and such, but air isn't going to make the turns to get thru those holes and the reduced mass is likely to raise temps."
OK, here's the facts.
Solid discs (no center ventilation) will lose mass and probably run hotter with drilling.
Ventilated discs (with vanes between two solid discs) generally benefit from drilling. Air is pumped from the center outward by the vanes between the discs. Only so much air can enter the smaller inside diameter and the outer diameter vanes can pump more than that amount of air. At speed the pumping action is enough to force air "around the corner" so drilling allows air to enter from the face through the holes to between the discs, increasing cooling. A secondary effect is if the brakes get really hot and the pads outgas there is a place for the gas to go, further reducing fade.
High performance brakes go one step further because drilled holes do not allow enough air through the discs. Slots are used.