Yo, Poke
As far as ease of loading and amount of time spent to develop an accurate load, the 40-65 and the 40-70 SS are pretty much at opposite ends of the 40 cal. spectrum. The 40-65 is quite easy as to brass availability also, you can just make it from cheap 45-70 brass. I have a Browning BPCR in 40-65 and found it was simple to develop accurate loads using both GOEX and Swiss powders. My favorite bullet is the Lyman Snover 410gr design. On the other hand, I also have an original Remington Hepburn in 40-70 SS and have never been satisfied with any loads I've tried in it, even though the bore is like new. I plan on trying more loads in it in the future as soon as I get bored with other projects and can stand a little more frustration, however.There is a fellow named Marsh that posts here that has spent considerable time trying to get a 40-70SS to shoot also that I'm sure you might hear from. Unless you're someone who really likes a challenge and likes to tinker a lot, my advice would be to avoid the 40-70SS and get a 40-65. The 40-70 SS does LOOK cool though, and is historically correct for a Ballard as I don't think they were ever chambered for the 40-65 WCF.
Talk to ya later,
sureshot