Hi Ya JonnyReb,
I think the 1,600 fps and faster loads have no place in traditional muzzleloaders. This is just my line of thinking, no rule, nothing to quote from, just me and my little broke thinker.
At any rate those velocities were reached with black powder cartridges, both here and "across the pond". The Buffalo cartridges benefited from a bit of tin mixed into the lead when it was cast, so did the even bigger Black Powder Express cartridges. Still the velocity at impact with the target was the major factor. Pure lead bullets do not typically fracture, hard lead alloys can but the velocity must be very fast. Pure lead expands rapidly when driven much beyond 1,400 fps this limits penetration. Harder alloys penetrate better, but may not expand. It is a balancing act.