The above is not exactly correct. Hunting bullets fall, roughly, into three categories. The first are varmint bullets, the second are big game bullets, and the third are dangerous game bullets. Varmint bullets are designed to fragment and cause max damage to small light skinned animals- penetration depth is not a concern. Big game bullets are designed for controlled expansion with maximum weight extension to ensure deep penetration- a balance of large diameter wound channel + deep wound channel. Dangerous game bullets are typically large bore bullets specifically designed for deep penetration- wound channel diameter via expansion is not as much of a concern as sufficiently deep penetration to reach vitals. In all three categories what is most important is consistent terminal performance. Bullet designers will trade some accuracy to gain consistency in on-game performance. This is why Sierra designed the game king. It is supposed to have match king like accuracy with the benefit of consistent terminal performance. All of this is to say that the primary concern of hunters is to match the bullet to the game in order to ensure quick kills. Prairie dog hunters want to see the "dogs" flip and explode, and they choose bullets like "varmint grenades" designed to fragment violently upon entry. Coyote hunters may be concerned with getting pelts that can be sold, and will choose bullets that will enter and fragment in order to prevent exit wounds that can ruin the hides. Deer hunters tend to fall into 2 camps, those that want clean pass throughs (maximize blood loss??) and those that prefer to have the bullet stop under the skin on the far side of the animal (max energy transfer??). Elephant hunters want bullets that can drive through several inches of honeycomb like skull material in order to reach the brain. As hunters we are less concerned with stopping a threat than we are with recovering game animals- except for those that find themselves within "halitosis range" of an angry elephant. A through and through FMJ may take a soldier out of the fight, but may allow a 90lb deer to run a mile or more before expiring.
For a hunting bullet, it is about sufficient accuracy to put a bullet where it can do maximum damage to vital organs, ensuring a quick kill and sure recovery. Anecdotal evidence presented here on the hide and elsewhere on the web suggests mixed results from open tip match bullets- those that have used them either love them or hate them. If the SMK works for you then go with it, but there are bullets specifically designed for terminal performance- for example, that is why Sierra made the game king.
