I have a 26" Valkyrie (Gas gun) and, while it's been a bit tough to keep in tune, I'm more than sold. It's in another league compared to a standard 223/556 running 77gr at mag length. In a bolt gun, it would be faster and likely much more consistent. It would not be too difficult to imagine 2900+ with solid brass life from bolt action.
That said, the 22 Creed has it's place in a bolt gun for pure speed from a short action. While it will be much flatter and faster than same bullet from a Valkyrie, the 224V has a distinct advantage in barrel life and cost of ammo/availability of ammo. Even if handloading, the Valkyrie will win in terms of powder/brass costs.
If you couple 3k-5k barrel life with variety of factory ammo for a pinch, it would seem that the more affordable trainer/all purpose rifle would be the Valkyrie. For match build though, I may lean towards the 22 Creed just under the speed limit of 3200fps with 88-90gr bullets.
Here are the theoretical ballistics for an 88ELDM from 22 Creed at 3150fps (first picture) vs 224V at 2900fps (2nd pic), 55deg, 1000feet:
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224V Bolt @ 2900fps
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The 224V is still flatter than a 140 VLD 6.5CM running around 2750 to 1000 yards. And it costs 50% less to shoot than the 6.5 and probably about 20% less than 22 Creed. Toss in 2 extra barrels for the 22Creed to make it to 5000 rounds and it's substantially more than the Valkyrie.