It sounds like your factory ammo shooter. With the 2 choices you have in front of you, I would go with the 7mm mag. Great ammo selection and at that price with the Leupold a good deal to boot.
Personally, I'm not a magnum fan and own a 7mm-08 and 280 in the .284 calibers. I probably only need one of them but what fun is that. I do not hunt Elk but feel a good quality 160 gr bullet in the boiler room will put down any elk and when I get a Moose Tag here in New England would have no problem doing so to a moose.
