If you're just getting into it, there is no shame in sticking with the cannelure. given all the other variables that more strongly effect accuracy in the reloading process, and in a hunting grade rifle. (Playing around with bullet weights/types is probably the biggest variable)
As a beginner, its important to develop consistency, and systematic load development c/w recordkeeping. For example, each round of a given batch should be loaded to the same length, whatever it is. Another newbie mistake is not paying attention to brass - each batch should be of the same type, preferably the same lot. (Brass internal volumes have a strong effect on performance.)
Once you get your methods down, then you can play with OAL. This requires some finesse - bear in mind that each rifle is different in the leade, so a survey of each rifle is needed to avoid problems. Also, I've encountered different ogive profiles between boxes of similar Hornady bullets - something one has to watch carefully if you're going in close to the lands. Over the years, I've set my limit to 40 thou, after trying to go down to about 10...
FWIW - I shoot Hornady product a lot, and find that the flat based SP's generally shoot better than their boat-tailled cousins. (I'm only shooting to 100y.) I attribute this to more easily achieved concentricity in a flat based bullet. The performancer loss due to drag is negligeable for all my applications, both hunting and target.