If you look at other cartridges in the manual and compare case capacity to bullet weight you will see a lot of similarities.
Where the larger cases really shine, is when heavy bullets are required or used.
Another good example of this is the 308Win and the 30-06Springfield. With light bullets, the 308Win will do every bit as well as the 30-06. Go to a 180+ grain bullet and the 30-06 soon starts to exceed the velocities that can be achieved with the smaller case. That is the real advantage to magnum cases as well.
When it comes to powder capacities vs bullet weights, the laws of diminishing returns soon come into play as the projectiles get lighter.
In your case, the 75 grain pills are on the light side of bullets available for both cartridges.