Nadal does use a lighter racket but he does customize with lead under the bumper and his final SW is over 350 grams. Carlos Moya used a racket around 10.5-11 oz static weight but it was head heavy and his final SW was around 370 g. Williams sisters use light static weight too but again HH with SW over 350 g.
The vast majority of ATP pros have a SW over 350 g and WTA pros over 335 g. Many WTA pros are over SW 350 g too.
Einstein theory of tennis relativity FORCE = MASS * SPEED. In other words, how hard you hit it is the mass of the racket * the swing speed. You want to play with as heavy a racket as you can up to the point that it does not compromises your swing speed and ability to maneuver the racket. I suggest more players are hurting there games with light rackets than with heavy rackets. I'm in my mid 50s and my current racket is 11.8 oz, SW 331 G, and 4 pts HL, my previous racket was 12.5 oz, sw 338, and 8 pts HL. My wife is 5'4" tall, early 50s, and about 115 lbs. Her racket is 11.1 oz, SW 331, and 1 pt HL.
You don't want a racket that slows your swing significantly and you don't want a racket that you cannot maneuver, but you do want as heavy a racket as you can handle up to these thesholds.
You can not compensate with swing speed for lack of weight in many situations. Best example: you can not expect to return heavy serves by having a very fast swing speed. Even at lower levels, a good serve has too much pace to expect to rip it with a high swing speed and consistently time it well. The pros frequently return serves with smaller, more compact and slower swing speeds and this means you need some mass to absorb the impact and return the ball with a bit of pace. Volleys and slices also benefit enormously from mass as you have slower swing speed and need stability (more mass). Finally, when you do hit your normal topspin drive, it also benefits from mass as you don't have to swing as recklessly to generate the same pace and spin if you have a bit more mass.
Granted, rackets should be sized to the player and a 6 yr old child shouldn't play a 12.5 oz racket. But, anyone pass the age of 12 can handle a SW of 320 or more and would probably benefit enormously from playing a heavier racket. My personal minimum racket specs for 3.5+ level and above 10.5 oz or more, SW 320 or more, balance 4 HL or more HL, and flex 58-68.