I would suggest that you pick up a copy of "Practical HPLC Method Development" by Snyder, Glajch, and Kirkland. That has a very good discussion of the effects of molecular weight on reversed-phase. The "S-value" (slope of log(k') versus fraction strong solvent) is molecular weight dependent, increasing in rough proportion to the square root of the molecular weight. By itself, that has little bearing on the ability to separate close compounds.
In some cases such as large peptides or proteins, for example, very small differences in sequence can result in big differences in conformation and very easy separation.