The purpose of the ultra high velocity 110 and 125 grain JHP in 357 Magnum was to guarantee expansion of the hollow point. Back in the 70's and 80's, bullet technology and materials required very high velocity for reliable expansion. Law enforcement officers really wanted reliable expansion as fully expanded bullets impart more tissue damage and are less likely to exit the target (aka the perp) and retain potentially lethal velocity. Super-Vel was the first to market such ammo, then came Federal, Remington, and Winchester with their high velocity 110 or 125 grain loads. These loads are not really good for hunting, they are of a single use, defense against two-legged animals.
My own experience with trying to duplicate these loads using H-110/W-296 was interesting. I could get pretty close to the velocity of factory ammo, but just like the factory ammo, the fire ball was nuclear. No one wanted to be in the lanes on either side of me at the range! I came to the conclusion that these loads were not of that much practical use as I was not going to make a habit of practicing only with full power 125 grain ammo.