I think the reason lead is loaded lighter is because it is not as durable. Loading to FMJ pressure will(might) lead the barrel, or (might)make the bullet come apart before getting far, generally. I don't think it has anything to do with overpressuring the chamber.
I agree with
bds, it has nothing to do with the durability of a lead bullet.
Sometimes they stop short of full pressure loads with lead because they are target loads with soft lead, and yes, to much velocity with soft lead can strip the rifling in many barrels, causing leading, but it is nor a durability issue, it is a strength issue with soft lead and holding the rifling. Rifles that shoot soft lead at high velocity use deep rifling.
With a higher strength alloy, lead bullets can take everything the .44 Mag or .500 S&W can dish out.
You are right in one respect, that to much pressure with the bullet listed that they stop short of high pressure with, can cause leading, due to what I described, but it is not because the bullet comes apart, it is simply because it is too soft to hold the rifling at that speed. It is a speed thing. The pressure is trying to squeeze the bullet harder into the rifling. That helps, but the soft alloy just can't take the velocity.
We are talking about why it is bad to use FMJ data for lead projectiles and how they compare(Read the title). I gave a reasonable answer. I call BS on same charges and projectile weight causing higher chamber pressure just because it is lead.
I do not need to read the title, as I am aware of the question at hand. Your answer of bullets coming apart was a "reasonable" guess. It just happened to be wrong.
jcwit described a good way to approach interpolate using jacketed data with lead. (My bold)
I use the Lyman Cast Bullet Manual.
With that said, I also use other manuals with the loads for jacketed bullets and load light and work up a load from there. Remember lead alloy used and still is used as a bearing metal for many applications. Its much easier to start and send a lead bullet down the barrel than a jacketed.
Jacketed data with lead bullets is not always safe. Often times? Yes. Always? No. Period.
Excellent post
bds.