i think 38 might be too close to the threshold for the TPMS warning. on extra cold days you will get a warning that is annoying on the screen and wont go away
That's not the best reason not to run low air pressure.
People say they like the larger wheels with the lower profile tires for better cornering dynamics and road-holding. But a 19 wheel and tire setup, properly inflated, will outperform an underinflated 21" wheel and low profile tire. In fact, running 38 PSI in those runs a very real risk of rim damage and greatly increased risk of flat tires. You will have more flats! Even the stated pressure of 42 PSI can be a bit low for performance driving (depending upon the tires you are running).
In other words, it's just plain stupid to run low pressure in low profile tires. If you don't like the ride, get some tires that suit your intended purpose and run them at the correct pressure for maximum performance/tire life/range. Tires for the 19" rims cost a lot less as well.