{ snip } Underwood coats some of their bullets with something called Hi-Tek that they describe as a polymer-based compound. I don't have any experience with it, but it is supposed to reduce lead fouling and the smoke caused by the wax lube that would otherwise be required with lead bullets. When I go to the range, people sometimes look at me like I'm shooting black powderThe reason that Underwood uses Hi-Tek on the +p load but not on the standard version is because it's soft lead; while you shouldn't experience too much leading with the low-powered version, push a soft lead bullet hard enough and you will get severe leading. The +p load probably wouldn't cause severe leading, but surely more than the standard load. I mostly shoot hardcast SWCs and don't worry about leading.
FWIW, I've been shooting Hi-Tek coated lead bullets for more than a year now and have never had a trace of leading with them. (Not Underwoods, but lots of companies offer Hi-Tek coated bullets, some of them in a choice of colors - which I thought was a bit over the top until I thought about loading plinkers with green bullets and full magnums with red, or . . . ) Last week I shot some 158g coated round nose bullets through a Marlin 357 Magnum carbine at speeds ranging from 1300 to 1650fps, again without a trace of leading.