"You also stated “Weight is the least important thing to consider regarding ballistics (all objects fall at the same rate, regardless of weight).” Again, not necessarily true. All other factors being equal, the heavier bullet will have less drift and more retained velocity and energy. And yes, although it will drop as fast as a lighter bullet of similar profile, caliber and muzzle velocity, the drop at any given range will be less because the heavier bullet will get there first (because it will have a higher BC and retained velocity"
"All other factors" will never be equal. For any given cartridge the heavier bullet will have a lower muzzle velocity. The lighter and faster bullet may indeed slow down more quickly but within practical hunting ranges the heavier bullet will never "catch up". Barring extreme examples the lighter and faster bullet will shoot flatter out to 500 yards or so. Also, in any given caliber, the heaviest available bullets are generally roundnose and thus have rather poor BCs compared to the next step down in weight.
All other factors (bullet velocity, diameter, basic profile, etc.) are often equal enough that weight becomes the determining factor as increasing weight then increases BC.
Moreover, heavier bullets do not always have lower velocities.
Here’s a comparison of some Remington .30-06 loads for you:
2660fps, 125g PSP Core-Lokt, Managed Recoil
2910fps, 150g PSP Core-Lokt
2800fps, 165g PSP Core-Lokt
2700fps, 180g PSP Core-Lokt
Or this comparison between Remington and Federal?
2800fps, 165g PSP Core-Lokt, Remington
2880fps, 180g Trophy Bonded Tip, Federal
Or this comparison of Remington .300 RUM loads?
2910fps, 150g PSP Core-Lokt, Remington
2980fps, 180g Core-Lokt Ultra Bonded, Remington
3032fps, 200g A-Frame PSP, Remington
Or this comparison for the .45-70?
1167fps, 350g hardcast, my handloads
1330fps, 405g Soft Point, Remington
1625fps, 500g FMJ-FN, Buffalo Bore
1810fps, 300g Jacketed HP, Remington
1812fps, 460g hardcast, my handloads
1850fps, 300g Speer Uni-Cor HP, Federal
1880fps, 300g JHP, Winchester
1925fps, 430g LBT-LFN, Buffalo Bore
2000fps, 405g JFN, Buffalo Bore
2100fps, 350g JFM, Buffalo Bore
2300fps, 300g JHP, Buffalo Bore
Granted, the Buffalo Bore 300g runs the fastest in this list, but there are plenty of examples in that list that prove my point that the heavier bullet is not always the slowest.
Of course we could always compare a .44 Mag to a .444, a .45-70 to a .458 Win Mag, a .308 Win to a .30-06 or .300 Win Mag or .300 RUM and so on to find many more cases where the heavier bullet is not necessarily slower.
If you are going to make a statement and claim it as fact you need to define any qualifying criteria when doing so, not after the fact.
Now if you compare the 150 grain spitepoint '06 to a 200 grain spirepoint at the same muzzle velocity from a .30 caliber magnum, then indeed the heavier bullet would shoot flatter but if you loaded the magnum with a 150 it would shoot even flatter still out to 500 yards.
Again, not necessarily. Kind of depends on the velocity at which each bullet is fired and their respective BCs, which you again fail to specify.