If anything, I think there is a minor resurgence of interest in the 7-08. I think the 6.5 CM opened a lot of eyes to the virtues of a small case/smaller bore on BG, and a lot of guys that knew nothing about the 7-08 turned to it in the same, general, low-recoil, 6.5 CM wave that has taken hold (thankfully) in the USA.
The 7-08 is a great round I have no use for - make mine .308
