Ol' Joe--You'll have to go to the guy who invented it!
"Quote:
The carbide sizer is slightly under minimum chamber dimension, so the rounds will fit any standard chamber but will not squeeze the bullet within the case."
Sorry, I didn't close the quotes on the text from Modern Reloading.
This is not my contention--it is the flat statement of fact from the guy who invented the Factory Crimp Die, Richard Lee. He knows more about the subject than I will ever know and if you want to challenge someone on whether the bullet is swaged or pinched with the die set too low, you'll have to contact him, or the current CEO, his son John Lee, or the Tech support people at Lee.
I have measured before and after with my calipers and when the die is set as per the instructions above the case dimension is the same as factory ammo within .001. Actually, I have pushed it another half turn and not much else happens--any further crimping is too small for my measuring tool. I am sure if you try to abuse the situation by doing something rediculous, you can swage/tear/destroy the case, as you can with most any die improperly set.
You are correct in your assumption that you can load ammo without this die and stop at the bullet seating/crimping die, if that die is correctly set, and shoot to your heart's content. Thousands of people do it all the time. If you are using the brass from your own pistol, as you are, things should be just fine.
Not trying to start a big argument--just get the facts out and then people can use their own experience to verify what actually happens.
Good shooting to you, Ol' Joe!