Gary, I personally use 0.6 ft/lbs of retained energy as my benchmark. That puts the effective range of 8 shot launched at 1150fps at 50.5 yards. For 7.5 shot that extends to 52 yards. If you went up to Nitro 27s with 7.5 it would be 62 yards. I don't shoot anymore because of retina problems, but when I did everything except bunker loads was at either 1135fps or 1150fps.
To answer the OP's question, it depends on the quality of the shot you are using. Using first rate, round, hard shot you will see no meaningful difference if pattern efficiency between 1100 and 1325 fps. Under 1000 fps, the pattern is noticeably, measurably tighter. My bunker load was 24g #8 WCM shot at 1300 or 1325 fps. It patterned beautiful and destroyed targets. Everything I used for ATA Trap was at 1150fps. For Skeet is was 1135. I tried faster loads and the only thing it got me was a sorer shoulder.