Your post implies a couple of questions. Obviously if a batch of bullets isn't the same shape, they won't seat the same; however, I've measured the Berger bullets I shoot in competition and didn't find a bullet-base-to-ogive difference worth sorting on. They are very close in shape measured to the ogive, but they vary in weight more than I would have suspected, so I sort them by weight only.
When it comes to seating bullets, I don't think my micrometer seating die is any more consistent than a standard version. But the micrometer die has one big advantage which is how quickly I can zero in on the correct seating depth. I load several different bullet weights for several different rifles, each with their own preferred CBTO measurement. So I find myself adjusting the seating die frequently. I have a cheat sheet for each combination I load. I consult the data, set the micrometer a couple of thou longer than the target, seat the first bullet, measure it, adjust the micrometer dial appropriately, re-seat the bullet and measure again. Then I seat a second bullet to confirm I have the correct setting and proceed to finish the remainder of the batch of 50, or whatever.
That's not to say a batch of bullets will measure exactly the same because there is not only tolerance stacking involved but the typical way most of measure CBTO with a bullet comparator mounted on a pair of calipers introduces it's own little bit of mystery to the end result. The reading will vary a bit depending on exactly how you hold the cartridge and caliper.
For me, a micrometer seating die is most valuable because it can be so quickly adjusted to hit a desired CBTO distance. That's valuable is you frequently produce different types of ammo for several rifles. Of course, when you're doing load work-up in an attempt to find the optimum jump/jam for a particular ammo/rifle combination, the micro seating die comes in real handy 'cause it's so easy to make a test batch of ammo at 5 or 6 different CBTO values.
Finally, the .001 adjustment you mention won't typically show up as a corresponding change in OAL since bullet length (measured to the tip) is quite variable even with pretty good bullets like Bergers. But since I measure to the ogive, which is much more consistent than over-all length, I can definitely see a .001" difference in CBTO by adjusting my micro seating die by .001".
I don't use magazines for my competition rifles, so OAL is of importance to me only because it's an input variable in Quickload.