I’m confused. BOW was pretty much why Paul went to Albertville instead of Mark so if anything, Paul’s silver is a reason why BOW is good, not the other way around.
It had to do with the medical bye given to Todd Eldredge who was injured and did not compete. Christopher Bowman won gold at Nationals, Paul won silver and Mark won bronze. If BOW had anything to do with the selection machinations, it's definitely not the same BOW scenario that we have today. Even the international competition rules were quite different, and skaters did not compete as often throughout the season as they obviously do today. Also US fed did not put out a notice about which events would be considered for BOW assessment to make the Olympic team, AFAIK. It was still generally considered that who medaled would make the team, aside from medical byes and special circumstances.
If there was any strict BOW measurement applied to the Paul vs Mark, I'd love to see their stats to that point.

Many decisions in figure skating are obviously based not only on performance results but also quite a bit on the politics of who is popular and more high profile, etc. Basically Paul was older and more established than Mark, but not necessarily more talented and accomplished.
Checking Wiki career stats for both, the BOW issue is actually a toss-up IMO. Wylie had a bit more experience and opportunities, but he didn't have a great record at Worlds. Mark had not received a Worlds assignment until 1992, but again through no fault of his own. They both had medaled a decent amount at the few international events that were around in those days, again keeping in mind that Paul being older had more experience and opportunities. If you examine closely, Paul had only a slight edge in having received more silver medals than Mark (along with gold and bronze internationally). But Mark wasn't exactly a slouch, having won bronze and gold medals internationally as well as two bronze and one pewter at Nationals from 1990 - 1992. And with his two opportunities to go to Worlds overall (1992 forward), Mark has a better placement record than does Paul in his three times attending Worlds. Paul is a former World junior champion (1981), and he'd won three silver and two bronze medals at senior Nationals from 1988 - 1992. While Mark does not have a junior Worlds medal, he won the junior event at Nationals in 1986 (something that is not listed among Paul's accomplishments).
ETA:
Anyway, speaking of confusion, the Olympic selection in 1992 was ultimately between Mark Mitchell and Todd Eldredge who was injured and did not compete at Nationals that season. Todd was sent to the Olympics instead of Mark, which in hindsight was the wrong choice. Even Todd regrets being sent over Mark. Todd placed 10th at the 1992 Olympics and did not perform well. On his first trip to Worlds in 1992, Mark placed 5th with a lovely performance. The following season, Mark placed 4th at Worlds.
Christopher Bowman had a better record than anyone, but he was also troubled and unpredictable. Bowman placed 4th at the 1992 Olympics. Todd Eldredge's results up to 1992 were perhaps slightly better than Mark's and Paul's, but more-so Todd was seen as the up-and-comer to invest in (similar to Vincent today). Mark is about 3 years older than Todd, and Paul is around 9 years older than Mark. IMHO, the fact that Todd was recovering from an injury should have given Mark the edge. I remember feeling that way at the time too. The decision was made to send Mark to Worlds over Paul -- US fed seemingly wished to reward Mark with something after favoring Todd for the Olympics. And it was known to be Paul's final season. In that respect, it is Paul who serves as the 'Ross Miner' figure in this scenario.

As we know, Paul went to the Olympics and brought the house down, nearly copping the gold medal.
The huge difference that does not allow such an amazing 'Paul Wylie' moment at the Olympics today is of course,
mighty quad. There are only a specific handful of skaters with quads who are most likely to medal.