Quote:
inasmuch
\In`as*much"\, adv. [In + as + much.] In like degree; in like manner; seeing that; considering that; since; -- followed by as. See In as much as, under In, prep.
Inasmuch as ye did it not to one of the least of these, ye did it not to me. --Matt. xxv. 45. insomuch
\In`so*much"\, adv. So; to such a degree; in such wise; -- followed by that or as, and formerly sometimes by both. Cf. Inasmuch.
Insomusch as that field is called . . . Aceldama. --Acts i. 19.
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Judging from these definitions they are basically just verbose ways of saying "as" or "so". That being said, don't think they could be considered synonymous. Though, they could be interchangable in a lot of situations, like the one that you stated in your post.
"Inasmuch" needs to be followed by "as", which makes it kind of redundant. "Insomuch" is followed by "as" or "that".
Anyways, I'd think "insofar" would tend to be a more appropriate word than "insomuch", wouldn't you?