Brad,
Exactly.
The load most frequently used in my 7mm-08s for the past 15 years or more gets somewhere in the low 2800s in the rifle purchased 4-5 years ago, a tang-safety Ruger 77 Ultralight, which was rebarreled with a #1 contour Douglas by somebody who knew what they were doing, 47.0 grains of Big Game with a 139-140 grain bullet. Depending on the bullet, it gets 2800-2850 at the muzzle, and like the 7x57/.275 Rigby kills all sorts of big game if pointed right. (Have also used 50.0 grains of H4350, but on average BG has been more accurate, and a lot less crunchy and hence likely to push longer bullets forward sometime after seating.)
