Engine failures (significant loss of thrust) are not statistically related to either reduced thrust or max thrust takeoffs.
The way you use the engine on takeoff (max or reduced thrust) relates to performance deterioration (EGT margin changes over time).
Your go-nogo decison outcome after V1 is likely going to be defined in a few seconds and not something that lends itself to creativity after-the-fact. That's why your training needs to be rigourous and the outcome predictable in the before takeoff briefing.