Some of you may be aware of this report already but its a good read. This was a independent study performed by the U.S. Air Force Academy that "addresses the question of ballistic coefficient accuracy. This project compares ballistic coefficients advertised by four well known bullet companies (Hornady, Nosler, Sierra, and Barnes) with those measured by an independent source (Bryan Litz). B.C.s were determined using calculations at the JBM Ballistics web site. Many published ballistic coefficients are significantly different from independent measurements."

See the report here:

http://www.dtic.mil/cgi-bin/GetTRDoc?AD=ADA554683