What Randy Tidell said and more. What you have written is that you may be looking at hunting at ranges out to 700 yards. 700 yards is not a simple walk in the park,
well at least for some of us, so you want reliable ammunition that is capable of reaching out that far to take ethical shots at game. I have read the replies up to #27. I have not read anything about addressing the donut. No matter what method you use to adjust neck tension, sooner or later there will be a donut and it has to be addressed to maintain a proper neck tension. When brass is shot and reloaded it is going to stretch, when it stretches that material has to move and has to go somewhere, thus the donut. Annealing is the first step in the process, no matter what process one chooses. My experience is to either remove the donut from the neck with a mandrel, meaning pushing the donut material to the outside of the neck and then turn the necks or FL resize and ream the neck out with the proper sized reamer. Presently I FL resize with the expander plug removed, set the neck tension with a Sinclair mandrel die and then turn the necks with a Forster neck turning tool that also doubles as my case trimmer. Neck turning is not that big of a deal once one is set up and has ruined a few cases figuring out how it works. With turning the necks, the neck thickness is maintained with the inside of the neck and the thickness/concentricity of the neck (outside inside/neck thickness) is consistently maintained. My thoughts are that reaming will remove the donut, however, depending on the maker of the brass, not all of the neck thicknesses are going to be controlled by this process, nor will the concentricity of the neck to the case will be maintained. A neck reamer will not correct neck material that is not concentric with the outside of the neck. Reaming will only serve to remove material with the cutting edges (front) of the reamer and follow the existing neck. What I am saying here is that any variations in the thickness of the neck wall will make it impossible to set a consistent neck tension, and that any variations of neck thickness has to be addressed before using a mandrel or using a bushing die.
I would like to thank you for acknowledging and engaging with the replies that you are getting with this thread. Oftentimes members will take the time to share their knowledge and comments and the OP will not acknowledge that they read the reply with a simple "LIKE"
. Thanks for doing this, I am sure many of the readers of this post appreciate this as well.