I think that's a lot of expense for not much benefit...
There's not much difference in recoil between the two rounds...or much difference in performance either.
Put a soft recoil pad on it and shoot reduced recoil ammo and it will be a great soft shooter, and very effective.
If you don't reload, reduced recoil ammo is available for the 308.
I wouldn't mind a M7 in 308 it's a a great rifle.