Dale53 makes a good point. Varying loads in the same revolver that shoot at the same point of aim without sight adjustment is a blessing. One of the finest rounds every devised, the 357 magnum, is perhaps the worse when it comes to consistant point of aim with mixed ammunition. A 125 grain 357 at 1200-1300 fps, will print extremely low if the gun is sighted with even 158 grain bullets, regardless of velocity. Basic law of physics.... the bullet is gone before the barrel has time to rise from recoil. That is the primary reason I have for years found one good load for my 357's and stuck with it for all my guns.
The larger bore revolvers seem to handle different weight bullets without dramatic changes in point of aim. The 44 special is a great example, with one of the reasons being less of a range in velocity compared to the lighter and faster 357. I also believe barrel length is factor in elevation changes.
One final note. I have said this in other threads, the 696 is not a gun to loaded with 'magnum' 44 special rounds. It was designed for compact carry, with modest Skelton type rounds, 7.5 grains of unique with a 429421. This is about the best and max round in this gun, IMO. It is also more that sufficient for personal defense. Want hotter, stick with an 'N' frame 24/624 or better yet, a 29/629.