All good info and thanks to those that added to the discussion.
I started off years ago with steel dies because they were less expensive and I was poor. When carbide dies became available at prices I could sort of afford, I went with carbide dies for all of my handgun cartridges and never looked back.
I don't disagree with Char-Gar and he makes some valid points. However we don't place empty brass in revolver cylinders, we use cartridges that have bullets seated in them. That bullet is generally at least starting to occupy the throat ahead of the chamber, so I'm not sure how much an undersized casing affects the alignment of the bullet in the throat. In any event, by the time the bullet exits the throat on its way to the forcing cone, it's going to be about as well centered in that throat as it ever will be, regardless of any slight misalignment before it left the casing.
I'll also add that when the firing pin strikes the primer, the casing will be pushed forward and the rim will headspace the cartridge. When the pressure builds the casing will be pushed back into the recoil shield and the walls of the casing will expand against the chamber walls. At that point any slight misalignment will be null as the bullet is driven through the throat on its way out of the cylinder.
There's also varying wall thickness of the casing, varying amounts of "spring back" after sizing, different diameter and length expanders (a big factor in my opinion) and different bullet configurations. So while the sizing die certainly has some effect on the final outcome, it is only one of many factors.
Because dies are long life tools, I tend to adhere to the school of, "cry once and get it over with" when it comes to spending that money.