No Iberic Union - 1580

I'm not sure I agree on the outcome for the Portuguese colonial empire. The India route was very expensive because of the way it was managed, and note even during the union the colonial empires were managed separately. In fact the loss of Ceylon and the growing threat of the Dutch is what prompted Portugal to improve the management of its Brazil colony. (IIRC the Portuguese in Brazil independently beat the Dutch around the fall of Ceylon without the help of the home land).

Exactly. Even the expulsion of the Dutch from Angola was planned and executed entirely by the Luso-Brazilians, without help from Lisbon.
 
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