Mike,
I wouldn't seat the bullet deeper for two reasons. The crimp groove would be inside the case, and seating the bullet deeper moves the bullet even farther away from the forcing cone.
Majic,
No I never heard of that load. I have never shot lead bullets through any of my firearms except maybe a .22 LR. Don't have anything against them I just prefer jacketed bullets. And I know for a fact there is no "magic load" for all firearms.
My opinions seem to go against the grain of most in this forum and I know exactly why. Most of my experience with firearms involves Centerfire Benchrest competition at 100 & 200 yards. Its about the most anally retentive sport there is.
To give you an idea of the accuracy achieved, the smallest 100 yard group ever fired in competition measures .009". That means that all 5 bullets struck the paper within .009" of each other, at 100 yards. I've seen a picture of the group and its amazing. The current 5 shot, 200 yard world record is about .080" I believe. The 6PPC chambers are machined to tolerances measured in the .0001". The 68 grain hollow-point jacketed bullets are hand made by a few custom makers. Short range benchrest rifles are simply the most accurate firearms in the world.
What I've learned in that discipline I apply to generally all other firearms I own, including revolvers. Thats where all my opinions come from. I'm accustomed to the 6PPC cartridge with its 100% loading density, outstanding efficiency, and remarkable accuracy.
Through BR I learned how much of a difference the tiny details make. I've seen a .002" change in seating depth take my BR rifle from shooting .300" patterns to .150" bugholes. If you are at all interested go to this forum:
http://www.benchrest.com/forums/
So when I see a half inch space of air inside a .357 cartridge it just goes against what I see as optimal. The same thing applies to shooting a .38 special out of a .357 magnum revolver. The bullet has to travel about a half inch before it even enters the barrel! Still, there's just something about revolvers...
Anyways, there's nothing more fun for me than messing with all this technical stuff. I'm done ranting for the night.