I would have to disagree with the accuracy part. Accuracy is NOT improved by simply lengthening the barrel, in fact a short(er) barrel is relatively stiff(er) than a long(er) one, and is therefore inherently more accurate. Seems counter-intuitive doesn't it? Consider that the above Lothar Walther 16" barrel is capable of sub 0.5MOA groups and we can see that accuracy isn't diminished by a 16" barrel.
In regard to velocity the trade off is of much less consequence when you are using the heavier rounds available outside of 55gr and 62gr mil loads. 69-77gr loads are less dependent on velocity for fragmentation due to thinner jackets and greater mass, than the M193 and M855, they also retain more energy at longer ranges and are also less effected by wind.
Ask yourself why they (military Marksmanship Units) would use an 18" barrel on the Mk12 SPR rather than a 20" or a 22"??
Who are we kidding with fragmentation thresholds though, it is not likely that you will be shooting anyone, let alone someone at 200+ yards!
If I personally want to reach out any further I would use my .308...
Oh God it only has a 20" bbl
Regards,
Cameron