Jacketed Vs. Plated Bullets - What's the Diff?

Jacketed bullets have been around since about 1882 and are still the norm for rifle bullets fired at high velocities.  Although factory pistol ammunition is commonly made using jacketed bullets the competition pistol shooter will usually prefer an alternative to hand load due to the high cost of jacketed bullets.  The thick jacketing is also unnecessary given the lower velocities used in pistol shooting competitions.  Lead or lead alloy (hard-cast) bullets are far more common for hand loading as their cost is much more reasonable compared to jacketed bullets.  However, this is not without compromise.