The little 7mm-08 is quite an efficient performer in a 24" barrel. With the lighter 139 class bullets in 24" the 7mmRemMag is not alot of gain for alot more power. This I agree.
The 7mm-08 is but a flash in the pan when trying to compete against the Mag with the upper weight class rounds.
I drive 175BTSP from my 24" 7mmRemMag at 3050 @ 15 feet, thats the early 60s claimed factory ballistics, all done safely and not over pressure for my Rifle. Try to achieve anything near that in your 7mm-08. I think not, here you are clearly outclassed. Anyone who can read a 2000 yd external ballistic chart will see what freight the Big 7 will take into the next county with the high BC heavy projectiles.
If you shoot Whitetail in a light carbine of 18.5 to 22 inch barrel , get a 7mm-08. If you want to run the full spectrum of Bullet weights in the "IDEAL" bore diameter(.284), versus downrange energy, versus comfortable weight Rifle, then get the "Big 7". The 7mmRemMag is a good performer in 24" barrels, biting at the "Weatherby original marvel" ,the 7mmWeatherby Magnum, that was so overbore it needed at least 26" to work its magic.
Jim Carmichael was no Dummy, when he discovered this round and sang its praises, rightfully so as his forebearer Jack O'Connor did with the wonderful .270Win! Outdoor life was truly blessed in those days.
The high velocity load i listed will be hard on throat erosion, just as remington initally found with the original ballistics for the 7mmmag. If its accurate and its a Hunting round, worked up, Rifle zeroed and used for the field ,than why not. If it is used for hundreds or thousands of rounds per year in precision Rifle than NO.