According to what I have recently learned from Kirby Allen from APS and Bryan Litz from Berger bullets, the three groove may indeed rip the bullet apart. They say it is the result of excessive "Bearing Surface Compression" resulting from more bearing surface.
Either way, sounds like a three groove is out for what I want to do. May look into a 4 groove or a 5R barrel.
If anyone cares to see the theories and statements I have referenced take a peek over on longrangehunting.com
As always, I appreciate everyone's input.
Thanks.
Chad
Link to LRH thread