I totally agree with the real BP powder recommendation. Flashpoint is much lower than Pyrodex which in all my percussion and flinter experience = faster and more reliable ignition.
I also agree that muzzy hunting in less than a 100 yard game (ideally <50 yards). I don't know the terrain or vegetation where you're hunting, but I would likely opt for the longer barrel if only for the longer sight radius. That's primarily because I have poor eyesight and have a self-imposed max range of 75 yards. The slight increase in velocity would be an added benefit.
As for bullets, my recommendation is the heaviest, hardest, lead conical bullet and heaviest charge you can handle accurately on a repeatable basis. I was blessed to have taken two muzzy elk in the past two years. First was with a .54 flinter at 42 yards. T/C 360-gr Maxi-Ball atop felt wad and 110-gr FFFg Goex. (I like the finer granulation.) Double lunged the bull but bullet did not exit although somewhat mushroomed. Elk still ran ~80 yards. Recovered on the off-side just inside the hide.
The second was a T/C .50 cal 320-gr Maxi-Ball atop 100 grains of FFFg. Complete pass-through, double lunger at 70 yards broadside.
For what it's worth, although they're tough to find, the Max-Balls are cast harder that the Maxi-Hunters.
Also, please make sure you have a tight fit once loaded. During a long day's hunt, the conical can slip off the powder charge and make for a dangerous pressure situation. From my experience, periodically gently re-seat the bullet throughout the day. I was pleased with the tight fit and improved accuracy by 'wrapping' the conical with teflon tape. However, that's a function of your bore diameter and depth of rifling.
Hope I didn't bore you. Good luck and happy hunting.