Completely agree, that ballistic tip tends to have a much quieter impact noise than the LR but as to the OP's original question. I don't think there is much difference worth worrying about in accuracy terms between the two (if they are both running well on their own choice of ammo) but if you want one bunny gun I'd have LR. I have both but the HMR is a bit of a luxury and I love it to bits but if I could only have one, it would be an LR. It will do everything the HMR will do but cheaper and quieter, the only difference being the range and getting within 60-80yards of a rabbit isn't that hard.