The usable barrel length is at least as stated, sometimes longer-- 26 - 26-1/2.
I've never had a 3 pellet T7 / 250 gr. load crack 2100 fps in an A & H, and it has been the most accurate load in no gun I've ever tried it in. Pyrodex pellets, as mentioned above, has always been more accurate than their T7 counterparts.
100 gr. T 7 loose T 7 FFg has been in a sub-1/2" load in the 420 I shoot most often with a 340 gr. lead sabot. No speed demon @ 1600 fps, but that is what I've hunted with because it shoots so supremely well.
By rights, the 420 should have a slightly higher MV than a Disc Elite, but the opposite has always been the case on the same day with both guns and identical loads.