In an absolute sense, you are correct. But given the differences between comparators - whether the hole is radiuses, tapered, etc. Also, I've found some claims of 0.nnn" freebore to be rather... suspect, at best. And depending on the method used, terms such as 'jam' or 'jump', and how much, can be highly subjective.
As such, COAL *can* be useful for comparison purposes, as even with the innate variation in the OAL of the bullet itself, it may be the least variable comparison. I wouldn't take someone else's load at a particular OAL and go forth and run with it (*maybe* if it was mag length and I knew that wasn't going to jam anything in my particular chamber...) but its the closest way to compare the length of loads using word-of-mouth (or keyboard) information that I've found.
As Monte described, COAL has its uses. I point bullets, and as a first step for that process, I find it expedient to sort bullets by OAL into groups of ~ .0015" so that I can obtain uniform pointing for as many bullets as I need from a single length group without having to reset the pointing die micrometer. For that reason, I know to within less than +/- .001" the length of a specific bullet, simply by the length group from which it came. The usefulness of that comes into play if you're using QuickLoad as a means to expedite load development, which I do. If you know the length of your bullets to some degree of accuracy, COAL, which is the critical cartridge length input used by QuickLoad, is essential for getting back the best predictive information from the program.
One of the rifles for which I have loaded 185 Juggernauts over Varget for a number of years was chambered with 0.085" freebore. It is very close to the short end for Juggernauts, but you can still seat them at .020" to .025" off the lands while keeping the boattail/bearing surface junction above the neck/shoulder junction. With several different 30" barrels, this rifle consistently tunes in at ~2720 fps with standard Lapua .308 brass. The predicted pressure (QL) runs in the neighborhood of 60K psi, and I've found that unless you're using Lapua Palma brass, loads predicted to run much over 62K will suffer from poor brass life. I have another .308 Win F-TR rifle that has a much longer freebore (.180") for which I have also loaded both 185 Juggernauts and 185 Hybrids for some time. Frankly, that freebore is much longer than I would choose for 185 Juggernauts, but you can certainly load them, albeit seated much farther out in the neck than with the previous rifle I mentioned. In this rifle, the Juggernauts tune in at around 2770 fps, largely due to the greater case volume, which allows you to get a bit more velocity at the same pressure. Depending on the specific Lot of Varget, loads with both of these rifles have fallen in the ~ 43.3 to 43.9 gr range to generate the velocities and predicted pressures listed above.
The idea in F-Class is to develop a load that shoots
reasonably well, meaning a quarter to half MOA for 5-shot groups at 100 yd, that will maintain its combustion characteristics, and therefore velocity and pressure, over the long strings (20+ shots) we typically fire in F-Class matches. It is a different approach than you will usually find for a BR load, because the major sources of error (shot dispersion) are not all the same. Given the amount of heat generated in a barrel during 20+ strings, it is critical in F-Class to have a load that is minimally sensitive to temperature-induced velocity changes. A significant portion of the powder burns in the first 6-10 inches of barrel, and when the barrel gets screaming hot well into a long string of fire, you don't want to observe huge velocity changes relative to earlier shots in the string, or between strings as the temperature changes during the course of the day/match. Finding a minimal ES/SD window with respect to charge weight means the velocity is changing the least with respect to changing charge weight. By analogy, this is the same window in which thermal variation in powder burn rate will also have a minimal impact.
In addition, it usually takes anywhere from 5-6 minutes, to as long as 15-20+ minutes to complete a 20-shot string with sighters. Wind changes during that time period are by far the greatest source of dropped points in a typical F-Class match. It is simply not possible in F-Class to put 5-shots down range for a group in 30 seconds with (hopefully) fairly consistent wind conditions like you might see in BR, because target/pit service simply isn't ever going to be that fast. So a typical F-Class load should be focused primarily on extreme consistency during the time frame of a typical string of fire, as opposed to absolute extreme precision. Good precision yes, but maybe not the absolute best precision, if that comes at the cost of lesser consistency over long strings of fire. For these reasons, minimization of ES/SD is more important than it might be in some other disciplines. So you start by finding your optimal charge weight where the burn characteristics of the load produce minimal velocity variation. In my hands, this most often corresponds to the best grouping at 100 yd, but not always. It is generally possible to tune in the groups' spread afterward with appropriate seating depth testing, regardless of whether or not the groups initially corresponding to the optimal charge weight window were the smallest. The key to both of these steps in the load development process is that you need to use sufficiently fine increments to effectively define the boundaries of the optimal windows, whether seating depth or charge weight, so you can load close to the middle (charge weight) or close to the longest (seating depth).
Given your setup, I would be willing to bet that if you test from about 42.8 to 43.8/44.0 gr in 0.2 gr increments with the bullets seated at .015" off, you will find a window of (at least) a couple increments wide that exhibits minimized ES/SD. This is a characteristic behavior of optimal combustion specifically for the load you're trying to develop. It is dependent on the powder burn rate, optimal case fill ratio, bullet weight, and likely a few other parameters. Once you have this information, I'd go back and test seating depth in .003" increments from about .010" off to .030" off. I believe if you do the finer increment optimization you will end up with a load that exhibits good precision and will maintain it over a long string of fire, which will be well worth the extra effort over the long run.