Interesting bunch of banter above, which I would delete if it weren't so time consuming with my very slow server.
I believe I've answered this topic very well in my book and in several posts, but a repeat is in order, as it's an important issue.
Seating below the neck ABSOLUTELY WILL destroy accuracy and bring on major leading if pressures are high enough to obturate the bullet base enough that the gas check gets inverted going throught he ctg neck. In other words, the softer the alloy used the quicker you'll run into problems as you work up loads towards a max velocity. Harder bullets can be shot faster. Seated with even the very tip of the gc contained in the ctg neck, maximum velocity can be much higher.
As for light loads, WHERE BENCHREST ACCURACY IS NOT THE GOAL the only problem will be some lube wetting if the ammo is ever heated beyond the melt point of the lube being used. Read the caps again, that means you probably won't get benchrest accuracy.