Here is my take on the 7 Mag. I've got 2 friends at work who hunt with it. One is just a hunter he uses factory ammo, I forget which kind. He's killed just about everything in Colorado with, several were long distance @ 300 yards. They were bighorn sheep & mtn goat. My other friend is kind of a gun loony. He enjoys working on guns, making stocks and reloading. He reloads for his 7 Mag. I think uses both Sierra and Speer bullets. He's killed deer, elk, black bear with his reloads just fine. Both of them have Remington 700's. I've hunted with both and never felt that my 30/06 was at a disadvantage.
