Spomer must be on Federal’s payroll.

It can match the energy of the 7 Mag, but not beat it, nor will it hang with the 7 at any sort of range ballistically or carry that energy as far. Flatter than the -06... that takes some serious load cherry picking, best ignore the 150s
I had a hate on for the .338 Fed, almost as much as I do for the .45-70 for a long time. I didn’t get the round as the .308 will send the 200gr at the same speeds with CFE223, but with better BCs and SD. And still let your shoot 130s if you so desire, and find ammo anywhere.
But, I had one client bring one and had to respect the numbers. It doesn’t do anything new or different, but I’ve gone to pains to develop wildcats that’s also true of. It’s efficient and miserly on powder, a nice cross roads of bullet weight and BCs for bears, elk, and moose, and still fast enough to reach. Not going to buy one, but I won’t rag on it anymore either. It’s as decent a round as most, and better than many.