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A device with a constant thrust to power ratio, and a thrust to power ratio higher than a theoretically perfect photon emitter, has a critical velocity that can be reached by a real system. It can therefore be used to violate CoE. Even these lab-scale result are much greater than the thrust of a photon drive, and so if it's a genuine propellantless/reactionless effect, such devices can violate CoE.
[frobnicat covered it better, of course.]
I think I can follow the reasoning, but allow me to turn it 180° around...
The only way for the device to comply to CoE, would be NOT to have a constant thrust to power ratio ?
... would be NOT to have a constant thrust to power ratio
at any vector velocity relative to some local reference frame defined by a medium or field support. For instance a solar sail has a "constant" infinite thrust to power ratio (non 0 thrust with 0 spent power) but the thrust depends on the relative velocity with solar wind (average momentum vector of local flow of solar particles). The spacecraft is actually just "putting on the brakes" as rfmwguy says (bold below added for emphasis).
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Sooo, consider the possibility that it is manipulating/focusing/expelling/attracting/interacting with XEM...a natural condition of the universe, perhaps part of the theory of an ever-expanding universe...a driving force...lets even say it could be the new LHC particle, call it unicorn dust...doesn't matter for this thought experiment.
Suppose a natural condition, a zero frame of reference, of which we are never a part of (as we fly thru the cosmos) does exist and somehow we are putting on the brakes, attaching to it/countering it/repelling it, whatever...
Are we really at an over-unity, CoM/E violating condition? I am tending to believe it is not and something hasn't been fully understood by our ancestral scientist friends and their legions of followers.
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Scientist are (more often than not) not the intellectual ayatollahs you apparently think they are. They are trained to jump from one framework to another, so adding another framework is not something I would believe they are afraid of... Anyway :
Let's no longer call that over-unity but above a "break-even" point. This is indeed not necessarily violating CoE to thrust "propellantlessly" at φ=thrust/power>3.33ľN/kW,
provided the dot product of thrust (vector) with the velocity (vector) of the thruster relative to the support "zero frame of reference" is below power. Even though this would appear above "break-even" in another frame of reference, call it ground, that happen to have a relative velocity (wrt the zero frame) such that the thruster has a speed>1/φ wrt. the ground (hope you follow me, we have 2 frames + a moving craft now).
In fact we would just be harvesting the energy that exists in a system composed of 2 massive "frames" that happen to have a relative velocity between them, by exchanging momentum between them, i.e. putting on the brakes, that will have a tendency to slow down the relative velocity between the 2 massive frames, hence to lower the mutual kinetic energy of the system, and as a consequence release the same amount of energy (part of which can be harvested, the rest being released as waste heat). Most mundane example is mass of moving air above ground (aka. wind !). Let a kite go with the wind and use the unrolling of string to power a winch generator : net power source.
Assuming such aether, to respect CoE while being able to thrust in arbitrary directions, Emdrive would have to be like a "motorized kite". For instance a φ=thrust/power=0.1 N/kW means a (CoE respecting) maximum velocity of 1/φ=10km/s relative to "zero frame of reference", i.e. the mass of "air", or rather "aether". Now that means that, if some people do succeed in measuring thrusts at 0.1 N/kW and this thrust can be oriented in all directions, then the absolute limit on the aether "wind" relative to ground is 10km/s. I let you ponder the likelihood of an aether just happening to cross by our labs at less than 10km/s when the earth orbit around the sun makes it 30km/s and the solar system circles the galaxy at around 250km/s. Unless such hypothetical "aether" is "frame dragged" locally by planets (in which case expect the behavior of a φ=0.1N/kW emdrive to depart significantly from ideal when entering deep space) I personally find that natural consequence (of a ground level "synchronized" cosmological aether) hard to swallow. To my knowledge no proponent (Shawyer, Yang, White...) ever published sidereal times and orientation wrt. stars of the experiment runs, this is an indication that no one takes this hypothesis seriously, even while it could save the emdrive "would be phenomenology" from the immediate CoE issues. Higher than φ=0.1N/kW makes it even worse, for instance φ=1N/kW would limit the "velocity window" to less than 1km/s, making such figure of merit incompatible with any space mission.
Wanting to have the freedom to thrust in arbitrary directions and φ=1N/kW and deltaV missions way above 1km/s, and respecting CoE, I see only one solution, not one "zero frame of reference" aether but a multiplicity of such massive frames to grip (brake) onto :
https://forum.nasaspaceflight.com/index.php?topic=38577.msg1452446#msg1452446This is actually close to White's take on the problem, so I must say "vacuum plasma" theory makes sense in this respect, also White will never publicly admit that his theory implies tapping into energy of vacuum background, just tapping into momentum of background. As if it was possible to tap into the momentum without tapping into the energy...
We have not yet tested a static device yet, let alone one moving at high speeds.
High speed relative to what ?
Relative to a galactocentric frame the device has been tested around + and - 250 km/s (depending on sidereal time and orientation) even while sitting on the bench...
Would/could the relative speed of the cavity itself have an impact on how the force is generated internally?
That would make the EMdrive an "absoluteSpeedOMeter". So far there is no indication (and all indication to the contrary) that there is an embedded absolute reference frame "in the background" (accessible in a closed box). Other things, defining local frames, that might make it into a closed copper box at ground level are gravity, neutrinos, weakly interacting dark matter, a few energetic particles...
What does the velocity of the EMdrive mean for the electromagnetic waves that bounce around and their resonance patterns?
Nothing. Acceleration might blueshift or redshift a little bit here and there, but nothing distinguishes what happens in a box on an inertial trajectory from a similar box on another inertial trajectory. An experience in a box in a spacecraft cruising at 10km/s relative to earth works exactly the same as the same experience freefalling in a 0 g tower on earth (so long as it is free falling). This is precisely the point of special relativity, and that principle (and thought experiments around that) was highly successful (in accordance with what we observe experimentally).
Isn't an electromagnetic wave limited to the speed of light, regardless the reference frame it bounces in?
so if the cavity moves, it takes light less time to travel the distance in one direction then in the other direction. (Doppler effect?)
Yes, yes. No. Depends on the observer.
Special relativity : time and distance are relative, they will not be the same measured from within the box (more strictly, by an observer at rest wrt. box) than from a standing passerby, but both cases distance/time=c, no matter the "direction". Passerby will indeed see redshifted photons from one end mirror and blueshifted photons from the other, but not the "comoving" observer. Maybe people here more at ease with SR than me can elaborate ? Calculations made by both observers should yield the same conclusions...
So the question is then what effect has that on the possible force generation in the frustum?
Unless we are breaking relativity, and/or emdrive is sailing/dragging on some preferred rest frame aether, "absolute velocity" should have none.
As for GR, I know people here are still trying to put it at work, but while qualitatively interesting things happen in GR we have yet to see quantitative values that are more than about 20 order of magnitude below the ľN/kW we are talking about as a floor case (the photon rocket). Please correct me if it is an overstatement.
I know it doesn't look good on paper,
That's an understatement, it looks horrible.
but... IF the tests show there is some force going on, how on earth is that apparent violation of Energy going to be explained then?
Or do we reside right away that it is "not possible" from start and that all measurements are flawed?
Are you 110% sure we don't take a flawed assumption somewhere that is counter-intuitive?
I am in doubt...seriously...
I can see where it goes wrong. You and frobnicat (and doc Rodal before that) explained it well, but I'm not yet prepared to throw all testing results overboard. Maybe we're overlooking something, made wrong assumptions? 
From the apparent violation of CoE there are 2 pathways to go: either dismiss the whole concept as being ridiculous "impossible" or ask yourself where we made a conceptual mistake?
Or ask where the apparent excess power would come from, not shy away from it.
Proponents use a purported φ=thrust/power way above 3.33ľN/kW to project missions implying delta velocities > 1/φ, that is very overtly "overunity". Then they try to hide the fact by saying that other schemes have same problem (implying that everyone is at lost with Newtonian mechanics ?).
There is nothing fundamentally wrong with apparent overunity, for instance probes trajectories to outer planets "routinely" use gravity assist (slingshot) effect and that subtracts a lot to the required energy to reach a destination out sun's gravity well at a given velocity. I don't know the precise numbers (curious to learn if anyone has a clue) but wouldn't be surprised that the final acquired kinetic + potential energy > onboard energy at start of journey. That's alright as we know at what's expense (planets orbits) this energy was gained.
Until the experiments can clearly identify the EMdrive as a measurement mistake, I'm inclined to question our understanding about whats happening, rather then to dismiss it as impossible...
Mmm, until the experimenters can clearly identify a reproducible design and do a lot (a lot more) of clean parametric studies involving the frustum and the immediate vicinity of the frustum, I'm inclined to question the validity of the effect (as purported of being of use in deep space as a mean of thrusting).