Agreed, .470 at a sedate 500grs has more palatable recoil in my hands than .375 at 300grs in the same weight gun. Doesn’t mean I prefer it as a working cartridge, not at all, but that’s a range pleasure shooting observation. I’ve had a big range day shooting the .470 and .375 from a pair of Merkel 140 amongst others (.450 Rigby, .505 bolt guns), practicing quick transition targets and follow ups. Asked at the end of the day my favourite recoil impulse, it’s the .470, the classic big soft shove. .505 was reasonably mild too, also 2200fps and under ammo. I’d choose the .375 over both on a grizzly follow up, and well, did choose it despite having big Nitro Expresses in the cabinet beside the .375.
In the modern hunting field, it’s my contention the .375 with its 2500fps+ is actually the more effective cartridge, and I’ve seen that borne out. That doesn’t make a .470 not fun, and you can certainly hunt it.