Wow, what a long thread. Just my two cents but from a guy who has shot a bunch of 308 ammo and loves the caliber its hard to argue a 308 is equal to a 7mm/08 for performance. 308 falls behind to 7/08

7mm bullet has better BC. Less mass equals less recoil. Good example of this is 300WM versus 7Rem Mag. Both push back but 300WM pushes harder. 308 ammo is easier to find but you wont shoot that much ammo anyway. Buy 250 rds brass and load it. Chances are for hunting you will never wear that brass out.

For a one gun hunting rifle I would get which ever you want. I have killed a bunch of animals with a 7mm. Never felt that bullet lacked anything in terminal effect.