Actually, it's you who is doing the over interpreting. The Heisenberg uncertainty principle is a physical constraint that wave functions obey. If you define a state with an infinitely precise location, then the range of momentums is infinite. This result is fairly easy to reproduce, so it would probably be instructive to try it.
The measurement interpretation of the Heisenberg uncertainty principle is both a useful way to understand it, and historically, a way to ease experimentalists into accepting and believing it.
Just to be sure: the wave function is still a distribution of complex amplitude over a configuration space, right ? If I understand, you are saying is that if we have a Dirac peak at some point, then the momentum spread everywhere (the infinite momentum). I don't dispute that.
I only meant that we could describe (in principle) a hypothetical wave function with infinite precision. Meaning, at each exact point in our hypothetical configuration space, we would specify an exact amplitude. (With the usual caveats due to the fact that we're talking about a distribution, not a function.) From then, we could predict the experimental results, which are bound to yield finite precision.
Now, current physics say we will never infinitely accurately measure our wave function. But it also says that this wave function behaves lawfully, with infinite precision, from some (I think?) unknown initial state. Is there a problem left ?
Edit: it just hit me that there is a problem if you don't believe in Many Worlds. Just know that I think the Copenhagen interpretation is crazy (I don't believe in the collapse of the wave function), and that currently, I find some form of Many World Interpretation most likely.
I'm not sure what your argument really is here. Your very invocation of "the wave function" implies continuity in the evolution of the state vectors, described by the wave equation - it matters not that results of macroscopic measurements will only produce quantized results. You still used continuity of the more abstract (but no less "real") state vector evolution.
The measurement interpretation of the Heisenberg uncertainty principle is both a useful way to understand it, and historically, a way to ease experimentalists into accepting and believing it.