From my Paramedic/Corpsman training I was taught that velocity is a significant part of wound ballistics when dealing with high-velocity (supersonic) projectiles. While you can't compare pistol to rifle. A supersonic 147 grain 7.62x51 FMJ will do significantly more damage than a trans-sonic 147 grain 9x19mm JHP so yes velocity is important to wound ballistics. When comparing pistol rounds however differences in velocity are insignificant. More interesting comparisons are between standard and magnum cartridges. As has been pointed out, low velocity projectiles can do horrific damage but there are other forces involved in the wounding process i.e. the minie ball. The most significant process still seems to be the permanent cavity either by a single projectile or multiple fragments.
I'd be curious to know from DocJSW terminal differences between say a .22 Mag (of any kind) against a 9mm of similar design FMJ v. FMJ, JHP v. JHP. I've personally seen a .22 Mag do some significant damage, not that I'd ever advocate it,but it might be interesting for comparison's sake.
Generally speaking (though subject to multiple caveats) high-velocity cavitation will produce a temporary expansion of the wound cavity, this is significant only in solid (and to a lesser extent blood filled) organs like the liver. Hollow organs like the lungs will simply expand and then snap back. If you'd like to see this mechanism demonstrated, take some empty soda/beer cans and fill them with water. Shoot one with a 7.62 NATO and one with a 9mm and see which does more damage. Then do the same with an empty cans. Compare and contrast 
It should be noted that many high-velocity rifle projectiles (even FMJ) will fragment in liquid environments due to the stresses/forces imparted onto the bullet by its velocity so it produces some pretty horrific permanent wounds by multiple fragments traveling at high velocity. Similar to an asteroid fragmenting when it hits the gravitational field of a planet.
Last edited by Gutshot John; 04-26-09 at 00:03.
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