Back in the heyday of M1A/M14 Service Rifle, the “.308 Obermeyer” was a popular chamber configuration that also shot extremely well in bolt action rifles. This chambering was optimized around the M852 (168 grain) Lake City load, at a 2.800 OAL for magazine feeding. If I was chambering for a rifle with limited magazine length, I’d look at this configuration.

The “Palma” reamers are set up for 155 grain bullets, and will require you to “deep seat” longer bullets, impacting your powder space.