3" will kill anything that a 3 1/2" will. If you want to keep your options open on using different shells, get a pump gun. Unless of course, you feel like dishing out the $1600 or so for a Remington Versamax. Correct me if I'm wrong, but it's the only autoloader I know of that cycles it all without changing worky bits.
For sometime now, I've been looking for a general use shotgun, and my eyes have been caught by the Mossberg 535 2 barrel combo. The specific one coming with the 28" VR and 24" rifled slug barrel [with IRON SIGHTS]. I'm looking for something to do waterfowl with, and none of my current shotguns are interchangeable chokes. As for the rifled barrel, I want one with iron sights specifically. Don't ask me why, I have no idea. Just something set in my head.
I sure as hell don't need 3 1/2", but it's the only combo gun that I've found that suits both my stringent specifications, and my budget. And being a pump, I can run whatever in creation shells I want in it without worrying about mucking with internal bits.