Re: which has more value- powder charge or velocity
Neither, worry instead about pressures and accuracy. The goal is to achieve the latter before the former becomes excessive.
Powder selections which accomplish this with a relatively fuller case tend to work more consistently.
OAL becomes an issue when a) it's in the 'nether region' where some contact the lands and some don't, and b) when bullets are jammed enough to create pressure spikes. Powder burn rates vary with pressures, and the higher they spike, the faster they burn, and the faster they burn, the more they spike, and...
You get the idea.
If you have a borescope, I good way to tell if you are going faster than optimal is to find copper fouling that extends a long way back along the bore from the muzzle. You don't need to go fast to be accurate, and going faster may be more accurate, but it can cause new problems as well; like excessive copper fouling, which degrades accuracy faster.
Accuracy comes from driving the bullet so it gets where it's going while it's still going fast enough to maintain it's good stability range; which typically occurs above 1300fps. Faster than that can help a shooter who's counting on velocity to cover deficiencies in wind reading skills, but it's also rough on the bore, and defeats the goals of good efficiency and moderation.
The good shooter recognizes the wind, accomodates, and uses the wind to <span style="font-style: italic">help</span> drop them in ontarget. Other shooters fail to see the wind as an ally, and fight it, which is a losing battle. When a shooter fails to employ the wind effectively, they need to work on that friendship. Like a really beautiful woman, the wind can be fickle, but respect and friendship will always help.
Greg