I enjoy punching holes in paper at long range. I've had a couple muzzleloaders that would print very respectable groups at 200 yards and beyond.
I also enjoy deer hunting, and love to see just how close I can get. The Omega that would shoot moa groups did a great job of dropping a deer at 60 yards in it's tracks!
In other words my theory is:
For target shooting long range is fun, but for hunting get real close and put the bullet where it will drop the critter quickly!