It could lead to more pressure for the same load same as a bullet seated deeper in the same rifle should up pressure and therefor velocity but if you went and loaded both rifles the same pressure the 20 inch barrel should be faster (obviously some barrels are faster barrels but that's not due to twist rate. Personally I've never found such a things as too fast a twist but I think you can run into issues at really high speeds with light constructed bullets exploding mid air. A fast twist does give more versatility though in projectile selection.
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