Hm.... Peetza's not going to "reverse" those statements, but he will post trajectory data from JBM ballistics, all conditions identical, 10mph wind, 2" target radius, zeroed at maximum point blank range, velocities from Hodgdon load data:
.204 Ruger, 32gr Sierra, 4,000fps
MPBR: 310
300 yards, -2.4, drift 11.1
350 yards, -6.6, drift 15.9
400 yards, -12.5, drift 22.0
.220 Swift, 40gr Sierra, 4,200fps
MPBR: 274
300 yards, -4.0, drift 17.4
350 yards, -9.6, drift 24.6
400 yards, -17.6, 33.5
220 Swift, 50gr Sierra, 3,900fps
MPBR: 291
300 yards, -2.5, drift 10.3
350 yards, -6.6, drift 14.6
400 yards, -12.3, drift 19.8
That matches the LOWEST (common weight) BC .204 bullet versus low to mid-weight BC 220 Swift bullet. The 40gr .204 at 3,700 fps (200 under max published speed) almost exactly matches the 50gr .220 Swift data, within 1/2" in trajectory at 400 and 2 inches LESS wind drift.
The king of trajectory at these ranges is a 35gr 22-250 launched at 4,400 fps. It's like a laser. Not the best wind drift, but that's a number I find dramatically over-stated by ballistics calculators but flat as flat can be...
35gr Nosler, 22-250, 4,400fps
MPBR: 316
300 yards, -1.1, drift 10.1
350 yards, -4.3, drift 14.2
400 yards, -8.8, drift 19.3