Good question. A typical OMC motor might specify 17 1/2 – 20 1/2 foot pounds. But while I am a firm believer in using a torque wrench on many things, spark plugs are not one of them. If you are going to do it, use an inch-pound wrench. Foot pound ones just aren’t accurate enough to get it that close, unless you have a high quality one that has been recently calibrated. Besides, 20 foot pounds is right on the verge of stripping a plug in an aluminum head, especially if the threads are worn a bit. Installing a new plug, you can feel the washer crush and get tight. That’s time to quit cranking on it. Used plugs? Well you eventually will get a feel for it.
Scientifically speaking, the torque probably does affect the heat transfer. But I don’t lie awake worrying about it.