Relatedly, within this topic link below is my take on minimizing the use of keyboard shortcut:
Also, I use the backtick or backquote key as the hot key trigger for all palettes I want in conflict palettes so I don’t need remember more than that one key to get the conflict palette in any context. Given how I don’t use that character the key is more valuable to me as a conflict palette activator. If I ever need a backtick, option+that key keeps KM from bringing up the palette giving me the character instead.