Much ado about nothing IMO. I've shot dozens of deer with BTips in handguns, and seen dozens of others shot, and every one has resulted in a quickly-dead deer. The only bullets I've recovered have been from long-range shots over 200 yards, and both of those gave stem-to-stern penetration and a dead deer.
What are people thinking when they "test" bullets in water jugs, clay, paper, meat....when bullets almost never see such solid medium in an animal. For lung shots the bullet penetrates an inch of hide and rib tissue, then passes through the lungs which are mostly air, then passes through the ribs/hide and out. Almost any decent shot into a deer does not require the bullet to pass through more than a few inches of solid material. If you are shooting deer through the paunch, then the BTip isn't the bullet you should be using - try a Speer HotCor or a Partition or an X-bullet...
We as shooters are brain-washed by gunwriters and bullet makers into believing that a bullet must retain all its mass after a hit, and that a core seperation means the bullet somehow won't kill an animal. In reality nothing is further from the truth....as long as the deer is harvested cleanly, does it really matter what the bullet's condition is? Use whatever you feel comfortable with of course, but to condemn a bullet because it comes apart in a foot of solid water is like saying that a .300RUM is needed to kill deer because a .308 Winchester isn't powerful enough for bison.
Elwood, I must disagree with the comment about X-bullet expansion- although I use x-bullets in many of my rifles and like them. The 7mm 120 X-bullet exibits no useful expansion at 1000 fps. Barnes says that expansion begins at closer to 1600 fps - and even then the expansion is really just a deformation of the nose rather than a decent diameter mushroom. The muzzleloader and handgun-specific bullets will expand well at 1000 fps due to the very large hollowpoint and bullet temper.