Hawk, you are correct, a powder coated, water quenched bullet won't match a water quenched bullet, it will always be softer but I've quit dropping anything in water after testing with this powder coating! I don't know where the limit is for sure, but I'll never go back to lubed bullets.
I will say this, I still like the looks of a lubed bullet better but a powder coated bullet is all I'll ever use now.

Dick