460 owners step in.

"In all honesty, flatter shooting is of little benefit if you do not know the exact distance to the target and how much drop your bullet will have at that distance."
I see what you are saying, but the flatter trajectory without a doubt gives you more leeway no matter the range. You can look at extremes like a 22-250 v. 45/70 to get the point, but it is just as valid when comparing a 454 v. 460. Maybe the 454 drop gives you +- 5 yards at a 200 yard target and the 454 only gives you 3(my guess is both give you a bit more), but it is still going to give you more leeway. Probably enough leeway to make up for a the environmental issues except crosswind which is pretty much irrelevant. I guess a headwind or tail wind would come into play.
I have made several thousand shots at unknown distance inside 250 yards and think I am reasonable good at estimating the range to within a few yards.
I have a box or two of gold colored plastic trophies in my parents basement to prove it, even if all the little gold golf clubs are long lost :)
I also have a halfway decent range finder I bought for shooting my 22-250 at a little longer ranges. I carry it when I hunt and range landmarks in my shooting lanes when I set-up.

If I was looking at a revolver I might agree with you more as there is a significant price difference, but the Encore barrels all cost the same.
 
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