I have not tried my favorite load for the .357 Magnum on gelatin or wet phone books or pine boards, but I have a great deal of experience with the round from hunting dear of the 150-240 lb size bracket.
I shoot a 150-158 gr JHP with a muzzle velocity of 1150 fps. This is not the hottest load in my book but is one of the most accurate. With this load I have made all clean kills at ranges from 25 to 60 yards. Velocity at those ranges should be in the 1000 fps bracket. You can't tell the difference in expansion of the bullet at either range. Expansion is good and penetration is just like I like it, all way through. Exit wound is about 5/8-3/4 inch in diameter. This is with a side lung shot. I'm sure that if a major bone were hit (other than rib) possibility of no exit wound increases, however, greater enegry transfer and colateral would also go up. Just a bit of practical balistics for you to ponder.