I wrestled with this question (super-deluxe hollowpoint vs. cast bullet) for quite some time after I recently got a 45 Colt.
It seems to me that if a hollowpoint fails to open, which may be likely in a slower velocity caliber like this one, then it's no better performance-wise than a round nose bullet. If that happens, I would probably be better off with a semi-wadcutter or full wadcutter.
Also acknowledging that placement is infinitely more important than ballistic-gel-hole-making, I decided that a ton of practice with the round I carry is much more important than the latest wiz-bang hollowpoint. So I was looking for a bullet that didn't cost much.
I settled on Buffalo Bore's 225 grain flat wadcutter for carry, and I handload the exact same bullet from RimRock to the same velocity for practice.
I learned something else along the way. Flat wadcutters don't need to be hot-rodded to high-pressure velocities to do their job. Recoil is low enough that I'm pretty quick on follow up shots. And because I don't beat up my hands, I have much more fun shooting at the range.
They're probably not for everyone, but I for one am greatly enjoying discovering these grand old bullets.
