well depends on your personality
if your not so fast, then i guess bullet is not the best choice
I believe the OP is correct, and it may be more than 100 points. The reason is quite simple: the pool of bullet players is somewhat stronger than the pool of blitz players (and this is stronger than the pool of standard players). Roughly speaking the rating scale in every category assumes the average player has a 1200 rating.
Of course there is big overlap, but it is more likely for a very experienced, strong player to be inclined to play bullet and for a less experienced, weaker player to choose longer time controls. It also means a reasonable balance between game number and game quality.
Note that direction of the causation means this does not mean people should play bullet if they want to become much better chess players, nor that strong chess players should avoid slow games. Indeed, I have heard those 2700 and 2800 OTB players like a game or two at classical time time controls of about 3 minutes a move.
I'm finding that a 1200 blitz rating seems to correspond to a 1100 bullet rating for equal level of play here on chess.com. At least that what it seems like when I play both types of chess here.
For example,it's absolutely routine here for me to play the Sicilian Dragon against a 1020 bullet (2+1 time control) player who knows the white Yugoslav attack at least 8 moves deep and go into the dangerous g4/h4 immediate kingside attack, whereas a 1020 5-min blitz player would never do that. At least I've never played a single one that has showed any semblance of knowing that line of attack.
I'm thinking it's just that the average bullet player is just a lot more experienced than the average 5-min player here,just wondering if others are noticing the same.