I think OldTurtles points about what distances you'll PRIMARILY be shooting are very valid (though IMO you don't need a custom to get excellent accuracy in the 400-500 yard ranges). /ubbthreads/images/graemlins/wink.gif
If I were in your shoes, I'd put some thought into the distances you'll be shooting most of the time, and let that be the deciding factor between a 16" or 20".
I also agree that with ear pro, I can't tell any difference between my 16"'s and my 20"'s (referring only to noise level) though the 16" are typically louder, of course depending on the brake(s) used, etc., but with good ear pro, that's a moot point IMO.
Some folks comment that when they go to the range some of the other shooters will give them "the look" when shooting something loud. That wouldn't bother me in the least, because if the other shooters at the range were using good ear pro, they wouldn't notice the difference either, and as OT said anyone not using good ear pro is foolish !!!
I really like the 20" for the little extra added velocity on the 400-600 yd. shots on the PD's. Of course YMMV.
Hangtime.