you might find that a 4.5 inch barrel is a bit faster, depending on the powder load. With a handgun you'll find that most of the powder is still burning after the bullet is long clear of the barrel, you get a bigger flash with more powder with insignificant gains in velocity. there is a point where more powder results in no gain or sometimes even a loss, same can be said for a half inch of barrel, the trade off is a longer sight plane and a better grouping gun