Hard to say whether or not it's "overstated". The data in the file is pulled from live fire recordings on radar so it's very hard to fudge to make it look better-- and defeats the purpose of doing the testing if it doesn't line up. IIRC they shoot several barrels with/without brakes, cans, etc.. to try to get a good average location for 1.0. Another thing to consider is that the Hornady G1/G7 BC's are derived from the same doppler velocity data that the 4dof bullet files are made from.
The trend seems to be that muzzle brakes and especially suppressors cause the form factor to go up. This is my only precision .30 cal barrel that I can shoot 225's in so it's the only example I have-- but like I said above, this barrel produces 1.06-1.08 FF with ALL the bullets I've shot in it. I have had several 6.5mm barrels and have had them be anywhere from 0.95-1.07 with 140, 143, and 147's.
This .300 PRC is a 31" gain-twist barrel with a 9" can on the end-- it wouldn't surprise me at all if gain twist, the can, and long barrel all combine to cause more drag in flight....
Anyway, doesn't seem to be an issue-- I set my zero angle, corrected form factor once at 800, and have been fine from 100 to 2000 ever since. Looking to stretch past 2000 here in the next month or two hopefully.