Wow! That's some airgun at 1200 fps. That is AR15 in power.
But still....am not opposed to the +40/+400 idea. Know it can be done with much less energy and a much smaller projectile under perfect conditions....but if that's the goal line, then I'd live by it.
I have to disagree, bullets are not arrows.... Not only don't they have the Sectional Density to provide similar penetration at similar velocities, they don't have the cutting edge diameter of a broadhead, so for equal penetration won't provide the same volume of blood loss.... IMO, this is one case of bigger is better, and a .50 cal roundball at 200 FPE will kill better than a .357 bullet at the same energy.... This is simply because it punches a bigger hole.... Yes, if you drive a .357 HP bullet fast enough to get it to expand to .50 cal at your target distance, then that levels the playing field.... but by the time you drive it that fast, it will have more energy as well.... Killing power is a combination of penetration and wound diameter, which is related to the FPE, but more so to the momentum.... That favours larger calibers, even if the FPE is less....Bob