Seating too deep or too shallow will cause pressure increases. Too deep for the reasons you state, although there is quite a bit of latitude here. As the bullets are seated closer to the rifling, the bullet doesnt get a chance to get a "run" at the rifling, also causing a pressure increase.
Unfortunately, many internet pundits say you should be a few thou, or even kissing the lands, for best accuracy. While this may be true for benchrest shooting, I dont advocate this for recreational shooters and hunters.
For the average hunting rifle, the benefits of this practice vis accuracy are marginal. Couple this with the problems that may ensue:
- inability to hold the small clearance from round to round, due to variations in die performance, and bullet shape. (deformed soft point tips, variations in ogive profile from box to box of bullets from the same manufacturer.)
- inability to use the ammo in another rifle. (Doesnt sound like an issue, but will you remember that those reloads you made 5 years ago were specific to a given rifle.)
- unreliability in the field - stuck bullets, etc.
I have several rifles of the same calibre. I dont want to work up dedicated loads to each rifle, with specific OAL's. So, I find the one with the tightest rifling, and put 30 thou clearance on the OAL. I keep detailed records of my efforts.
I now have universal ammo that can be used in any of my rifles. Its "tighter" than factory ammo, as I can usually see the cannelures c/w at least 1/16 in clearance. And I can get cloverleaf groups with me and the rifle doing our fair share.
Suggest you focus on being able to optimize loads vis bullet weight, powder, and charge. Also, the bedding of your rifle. Dont get hung up on this OAL with minimum clearance stuff.