I had the answer the other day and forget what
My gun smith jim (rockchuker) said. I'm pretty sure he said start on the lands and work your way back till you find what shoots great then tinker from there
I'm not good enough to tell the difference, but I believe I heard somewhere that it's actually a little more consistent to be just off the lands. This way if one is a slight bit longer, maybe due to brass varience or bullet or maybe you just didn't over cam. You'll always be "just off the lands" and have a more consistent pressure curve.
Maybe I'm making stuff up and the really hardcore guys will say that there is no varience in their ammo.
This is why we use a tool called a comparitor to check the oal after we seat a bullet.
Measures from the ogive.
Your length is pretty normal for the 5R. I have one as well.
.010 -.015 just off the lands are the most common lengths used.