Actually, I experienced something very similar with 300-MP in a 357mag 5" barrel. I worked up a wide range of charges, all the way up to the max charge that Alliant listed (their data was from a 10" barrel - more on that later). I got the expected increase in velocity up to a point, then the velocity appeared to go down some, but basically stayed flat through the last 2.0gn of charge level. 1200fps with a 158gn bullet, which was no better than other powders I tried (N-110, H-110, 2400). I did not understand, since both Hornady and Alliant showed much higher velocities, compared to other powders. (Hornady data was from an 8" barrel). I set aside the 300-MP and moved on.I doubt anyone here has run into what I call the "LilGun Phenomena". LilGun is a great powder in all of my B&M Super Shorts, .500, .474, and 458 calibers. But, at some point in compression, LilGun actually goes "backwards". The more you add, the less pressure you get, and the less velocity. A strange occurrence I have never experienced with any other powder.
Later, I purchased a 16" Rossi in 357mag, and though I would revisit 300-MP. I'm glad I did. I saw a linear increase in velocity all the way up to max charge, which was just short of becoming a compressed charge. I think it was around 150fps faster than anything else I tried, with no high pressure signs, and using non-magnum primers. Accuracy was great @ 50 yards.
For some reason, 300-MP really shines with longer barrels, but there is no advantage at all in using it for short (5" or less) barrels. Something about the burn characteristics, it does not behave like other powders I have tried. Even with slow burning powders, I still get SOME increase in velocity as the charge increases, even with short barrels.
Later, I tried 300-MP in a 44 mag rifle, and I saw similar characteristics to what I observed in 357mag.
I've been under the impression that there is some similarity between Lil-Gun and 300-MP, and your observations seem to confirm that.
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