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Is the longer 26" barrel more accurate then the 20".
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No, it is not. Longer barrels reduce accuracy *slightly*, but they increase muzzle velocity. The lighter Palma rounds need a longer barrel length (typically 30") to consistently remain supersonic out to 1,000 yards.
My 700 Varmint likes the 168 gr SMKs a lot, and once I start handloading I will keep it between those, and 175 gr SMKs and A-Max.