To put it in simple terms so that "most" folks can understand (and I'm NOT saying most folks are simple minded, so don't go there), think of hydrostatic shock as the ripples that travel through a pond when you toss a rock in the air and watch it hit the water surface. The "waves" that ripple outward from the point of impact are a combination of kinetic energy transfer and displaced water from the object as it makes contact. As those waves get farther and farther away from point-of-impact, they get farther apart and "shorter" in height due to expended energy which causes the "ripples" to move slower, therefore diminishing their "effect" on the water's surface. As the rock moves downward, it obviously slows down for the same reason, loss of energy. I won't go into the effects of gravity, it would complicate a fairly simple explanation.
The "wound channel" from a bullet is largest at/near the point of impact because that is where the greatest energy transfer takes place, on/near impact. As the bullet travels through the target, and slows down, it sheds energy into tissues like the rock does in water, therefore the "wound channel" gets narrower as the bullet goes deeper into the subject and slows down. It's like looking at a tornado turned 90* on its side (<).
Although the principle itself is straightforward, the effects on a specific person have so many variables, there is no "standard" effect on a person, per se. However, consider the effect of a gut-shot animal when hunting. Upon opening of the chest/abdominal cavity, you find a bloody, gory ooze, almost like jello (yes, I HAVE gutted more than a few). That "tiny" bullet surely didn't do that much damage from the physical impact alone
. As the shock waves rippled through its body (remember water surface on the pond, a body is much smaller and a closed system), the energy transfer compressed, and in many cases, ruptured/liquified the internal organs which are made up primarily of water. Guess what, the HUMAN body is the same. Again, no 2 people will respond/react the same way, although they may already be "dead" and just don't know it yet. Ever track an animal for hours to find it dead from only one shot?
Anyway, that is the quick and simple, along with a few examples. I am a believer in big, heavy, slow bullets rather than small, light, fast ones. The BHS ones want to stop immediately, and shed energy quickly; whereas the SLF ones want to keep going and do not expend energy as quickly, even though they may have MORE energy based on mass and velocity of the bullet. I'm not going to argue and start a caliber war, it is what it is. Pick what you prefer. Remember the example above: the more energy transferred into the target, the more devastating the outcome, even if it's NOT immediately noticeable. There are NO guarantees in life, no matter what you are shooting. But why take chances?
Another example of why I prefer BHS bullets: I personally know a Sheriff Deputy who early in his career was forced to shoot and eventually kill a druggie on PCP. Said druggie was shot 24 times in the torso before he was wrestled to the floor and died as he was being cuffed. Bullet? 9mm, 115gr JHP. This WAS a long time ago, granted, and the guy was as high as you can be. But, "I" personally have never heard of anyone requiring 24 rounds of 230gr .45ACP to be stopped, immediately or otherwise. I own a couple of 9mm pistols, and carry them ocassionally, when small size is a requirement. But they aren't my first choice, and are loaded with 147gr JHP bullets. Small and fast, but "heavier" than 115's.