Less dwell time in the barrel causes the bullet to exit earlier in the recoil cycle.
I've heard it both ways:
Faster bullet, less dwell time, prints lower, and
Faster bullet, less time in flight (= less drop), prints higher. Gives me a headache trying to figure out which one to use!
So, I just wait 'till after the shot and quote whichever one applies depending on if I hit high or low of my point of aim!
In my experience the higher velocity rounds print higher on the target but I haven't a clue as to why...
The only reloading I was going to do for an AR was 80 gr. bullets for the 600 yard line shots in Hi-Power matches. for the rest of the course I've always shot Black Hills White Box ammo. After I retired my Garand that is!
For just plain shooting for my own amazement I use ammo from my MilSurp stash. I do save all brass and if I ever do need to reload anything more then a few rounds I'll send it off to be cleaned, sized, trimmed and primed. When you're talking 1 or 2 thousand rounds that only sounds reasonable to me!