I know I'll probably get pushback, but KE or fpe is just a prediction of the ability to do work. With relatively slow moving projectiles like arrows or airgun pellets/slugs, the momentum of an object is a better indicator of how well it resists slowing and how well it's going to penetrate.
Just for the record, I wasn't advocating using a .22 with 27fpe or shooting at deer at 150yds with an airgun.
I might be misinterpreting what your position is, but We'll have to agree to disagree on airguns for larger game as it seems that you do not approve? My state doesn't allow airgun use on anything but small game. If I could hunt deer with an airgun, it would be with an appropriate caliber ,shooting an adequate weight pellet/slug, generating enough energy for a double-lung pass-thru at 30yds or less..
The amount of energy needed to harvest game hasn't changed since 1804. ;-) When you read about the Girandoni, it was pretty amazing for its day. And while pushing a 210gr ball at 500fps might not sound like much, that's more momentum than the pellet used by Bullfrog in the above video to achieve a humane kill with almost complete penetration. -.339mo VS -.465mo.