The main problem with a butterfly valve is that the valve works poorly near the shut off position. A lot depends on whether you are going open or closed loop in your control system, the actual flow, media, etc. As to pressure drop, if you are looking for a wide range of flow then why are you concerned about pressure drop in the full open position? After all, you won't be operating in that mode much. Look at your pump curve, it will show you how much drop you must have to reduce your flow to a desired flow. You will probably be surprised at how high the drop is. If coarse control is sufficient and a small drop across the valve are required, then a butterfly is OK. An alternative if you really need minimal drop is split ranging two valves in parallel, the small valve opens first for fine control and the large valve opens once the small valve is fully open, for control near the high end of flow.