A chronograph should be part of any range test of ammunition. Ammunition intended for use in rifles - LeverEvolution, for example - is usually loaded with powder that has a burning rate compatible with the intended barrel length. In a handgun, a lot of that powder might not burn in a barrel that is at least 10 inches and as much as 14 inches shorter than a typical lever action rifle.
Accuracy is great but if we are going to use ammo for dispatching game animals humanely, it has to deliver a minimum amount of energy on target. If a chronograph indicates that the muzzle velocity is low, the energy will be as well.
"Hobby" quality chronographs that are available from many sources for $99 are very sufficient for this task. They can also help you determine if a particular load is one your gun just doesn't like or if your loading habits need improvement. For example, if the extreme spread between the slowest and faster shot in a five-shot group, for example, is high and accuracy is poor, it could be that your powder charges are not consistent enough. You might have what could be an accurate recipe with more diligent powder weighing practices but without the chronograph data, you would never know that.
Ed