I found this comparison on the Chuck Hawks 8mm mauser page
http://www.chuckhawks.com/forgotten_8x57.htm
and it would suggest that for ballistic reasons out to 300 yards there is not much need to convert it to and '06 cartridge.
If you convert it you will still have a very nice cartridge, and you will have an advantage in the range of 100-150 fps over the standard cartridge, I do not think this is worth the cost of wildcat dies, and not being able to buy factory ammo for it. Plus, the standard cartridge is enough, a 200 grain bullet at 2600 feet per second, is in the range of 4/5 as much as a 338 win mag, which shoots a 250 grain bullet just a little faster than that. I would go shoot a moose with a quality bullet out of the standard cartridge before I improved it. Just my 2 cents..
# 30-30, 170 grain - 2200 fps / 1827 ft. lbs. (standard American loadings)
# 8MM Mauser, 170 grain - 2360 fps / 2102 ft. lbs. (standard American loadings)
# .308 Win., 150 grain - 2820 fps / 2648 ft. lbs. (standard American loadings)
# 8MM Mauser, 150 grain - 2880 fps / 2762 ft. lbs. (Stars & Stripes)
# .308 Win., 180 grain - 2620 fps / 2743 ft. lbs. (standard American loadings)
# 8MM Mauser, 196 grain - 2592 fps / 2924 ft. lbs. (Sellier & Bellot)
# .30-06, 180 grain - 2700 fps / 2915 ft. lbs. (Federal Premium, Barnes-X)
# 8MM Mauser, 180 grain - 2728 fps / 2974 ft. lbs. (Stars & Stripes, Barnes-X)