I realize now how much of a noob question this was, so I finally decided to go to the source. From Shooting times' site:
"the Long Range Event competitors use high powered rifle rounds to knock down 45 steel plates. Targets range from 75 yards, out to 200 yards, with the close targets shot from the standing position, the distant targets shot freestyle, prone."
and from the Masters' site: "The second event is the Handgun Long Range Event. This event consists of three stages with 5 steel plates on each stage set at different heights and different distances out to 200 meters. Each stage is shot from different positions (Standing, Freestyle and Standing & Freestyle). This event uses any pistol or revolver with a barrel length less than 15 inches. Ammunition must be no less than 6mm."
The match looks like a lot of fun, and I'd love to go next year with my contender, glock 35, and Buckmark. If anybody wants to check out the match website I thought I'd include it:
http://www.themasters.org/ thanks again for all the help