If you maintain the same pressures as you use in the 30-06, you'll see a 50-75 FPS increase. It certainly does not transform it into a 300 Win Mag.
The same applies to all cases based on the 7X57 (e.g. 308, 8X57, 30-06) as they have little taper to start with.
Where you see significant gains are in rounds with lots of taper, the ones that come to mind are rimmed cartidges like the 303 Brit and 30-30.
Ackley cartrdges are always cool, but given the expense, for most the payback is mostly on the coolness category.