The only advantage is that of the shorter powder column will lower the spread of your shot-shot velocity. This is the same concept as the 30-06 vs 308. All factors being equal the 30-06 will have a spread of 50-70 fps where the shorter 308 will spread 30-50 fps.
That's with a full benchrest prep routine of sorting, neckturning and culling. Powder charges held to .1 grain difference.
The velocity of the round isn't as important as the spread, particularily past 600.