Open Rocket simmed a CTI 56-F120 to 690 feet, and our actual altitude for the flight was 570. We've also flown it on a CTI 110-G250 Vmax, that simmed to 2200 feet but I suspect we were several hundred feet lower than that (I forgot to load the altimeter).
Ours weighs 24 ounces w/ recovery gear/no motor. The F motors I simmed were coming in under 800'. The G's were simming to around 2000, plus or minus. YMMV.
Dang tootin' about the nose cone weight. I think I put over 3 ounces in ours. Probably overkill, but I wasn't worried about maximum altitude for this project. Somebody launched one at our club launch in January and it started tumbling as soon as it left the rails, and took a dirt nap about 150 feet away from the pad. I did not talk to the builder, but it was obviously unstable. I'm sure that more than a few people made that mistake, since there were no build instructions when I got mine and you had to know what you were doing.