wrenchman,
Buckshot, shot out of a barrel at the same velocity from a 12 ga or a 20 ga will retain the same amount of energy per pellet. There are just less pellets in a 20 ga shell.
My guess on buckshot is that it is illegal for deer hunting in a bunch of states, so manufacturers and retailers are having trouble selling it. I know it is illegal to use it in Maryland for deer hunting, and pretty much any other hunting I can think of.
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The pond, waterfowl, and yellow labs...it don't get any better.
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