I have posted this several times now in various threads, but I'll do it again.
I hunt 150s all the time. Mostly Mexican Matched since brass is too expensive to leave all over a field or or bush, the way the SKS throws them around.
I have shot Sierra 220gn RN, .308" dia bullets from my SKS over 6-10gns of Unique. They ran from 700fps to just over 1100fps. Just at or below the speed of sound depending on the load. Nice and quiet, but would not operate the bolt in the lower velocity rounds at all, and the faster ones would, but not reliably.
I have loaded the 174gn Hornady RN into my SKS replacing the 123gn FMJ bullet in the Saudi ammo CanAm sold.
If you are interested, you can find the results here:
http://www.canadiangunnutz.com/forum/showthread.php/747717-7-62x39mm-180gn-RN-bullets
I called them 180gn until I read the box again. They were 174gn Hornadys. I would probably use this round in my 799 for bush bashing, if it had iron sights, but it is still good in the SKS, at least in that particular one of mine, it's just not a light gun to carrry all day.