Re: More Railgun
As I understand it, the light gas guns are a more mature technology, but they've been developed mainly for exploring high-velocity impact science. Neither light gas guns nor railguns (to say nothing of coilguns, which seem to be more of a hobbyist thing at the moment) are ready for deployment as weapon systems yet, so I would think that it's premature to declare one technology as "better" than the other. I'm tempted to say that the electromagnetic weapons will win in the end by virtue of being simpler, with fewer moving parts and no need for a working gas and burst disk to be replaced after every shot. On the other hand, you've got rail replacement to worry about, and it would certainly be possible to package the powder charge, gas, and burst disk into a simple cartridge.
Holy bleeping bleep, that's scary!
. . . I'd be very interested in reading about penetration vs. splashing at those velocities.