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I don't have any experience with the 416 Taylor, so can't comment.

The 416 Ruger idea is a good one as it will duplicate the 416 Rigby ballistics with a 400 grain bullet. At 2400 fps MV it can handle anything, including elephant, if that's what you're after. Cases are easy enough to find - or form - from the 375 Ruger or the Hornady 375 Ruger Basic brass.

I favor the 404-375 Ruger wildcat, as it has pretty much the same relationship to the 404 Jeffrey as the 416 Ruger has to the 416 Rigby. If you're looking for something unique, the 404-375 Ruger is worth a look. I've turned both of my Ruger 375 Hawkeyes (African & Alaskan) into the 404-375 Ruger and have no complaints.