Just to be clear, the stepperonline T6 drives do have 400v caps. I can see two large caps with 400v 560uF marked on them. There are also some smaller CD28S caps I can see. My concern would be that there are other electronics in the drive that might not be able to handle higher then the 242v they are rated for.
So I guess my question from all of this is, besides cost, is there a reason NOT to use a transformer to bring voltage into the manufacturer recommended range? Seems like using a transformer cannot hurt.
I live in NA and have seen voltages at my house as high as 249VAC, typically in the afternoon its around 243VAC.