We do it.
Anything out to 200 we won't necessarily do this, but beyond that range we would.
This is our process. Your's may vary, but this has proven itself for us.
Projectile prep:
We only use Berger VLDs, but Sierra SMKs work really great too.
Our method is to begin with meplat trimming. We use the Hoover. Buy the sort that indexes on the ogive, not the base of the bullet. That's going to be very important when you cross reference/compare actual seat depth from the ogive to COAL, cartridge to cartridge later.
Untrimmed
Trimming process.
Trimmed
We then use a Hoover Pointer to reshape and center the hollow point and we taper it down to an opening that's approximately twice the thickness of the jacket wall.
Pointing
Pointed correctly
This is only the beginning of our overall case/projectile prep process.