jethunter, check out the sporting rifles offered for sale on Tradex. I've owned M96 rifles in 8x57, 9.3x57, 30-06, all factory made and a 7.62x51 rifle that was scary accurate, built by a close friend. When he passed away, I gave it to his son.
I've seen several re barreled to 308Win and 243Win. I have one with double set triggers, in 6mm Rem. Nary a problem with any of them. Mind you, I never have been a max pressure freak. I would rather go to a magnum if I want a significant increase in velocity.
Those actions are strong. They have extra gas venting that their predecessors don't have.
The late Frank DeHaas, stated that the model 91-96 Mausers, "with the possible exception Of the Swede 94/96 Mausers" should not be considered for the 308Win. He then goes on to show a photo of an M94 that was converted to 308Win. The 7.62x51 loadings should easily be in the safe margins of the M96. Swedish ballistic steel was renouned because it had all of the minor ingredients needed in the raw ore. It didn't have to be added in questionable amounts.
That isn't common knowledge for most people.
The big thing here, is if you are looking for extreme performance from a 308Win, even the 98 actions, aren't good enough for this. They are fine for factory pressures but anything beyond that is questionable. Remember, the 98 actions were built for a steady diet of 47,000psi or less. The 96 actions were built for a steady diet of 45,000 psi or less. Only a 5% difference.
The key here is common sense. If you want a strong, Mauser style action, look at a BSA, Rem798, or Husquvarna, to name a few. Personally, IMHO the new FN actions are among the nicest and most closely resemble the original 98 actions.
Definitely your call and do what you think is best. One more caveat, other than the 308 I gave away on a 96 action, I would never sell, trade or give away one of these rifles that have been converted to high pressure rounds. It's my face and my call. When it's time for me to get rid of them, they will have the barrels removed and either a 6.5x55 barrel installed or the actions made unserviceable. Ignorance knows no boundaries.