Hi, Noah,
I agree with you that reducing the oversampling from 16 bits can reduce the required uart driving clock frequency.
baud rate = [FCLK / oversample rate] / BRG divide
The BRG is USART Baud Rate Generator register,is a clock divider.
I have consulted with AE engineer, we think that the Remark about 48 MHz clock limitation is correct, you should follow up the clock limitation.
Hope it can help you
BR
Xiangjun rong