Bigdog;
I would recommend the 6.5/08 also known as the .260 Remington for the reasons noted below...
#1. This caliber is extremely accurate and currently used in many NRA long range matches out to 1000 yds.
#2. The 6.5 mm bullets are some of the best on the shelf. The current offerings by Sierra and Berger include a wide range of target and hunting bullets up to 142 grains.
#3. Low recoil similar to the .223
#4. Easily re-loadable or store bought off the shelf. The .260 Rem is nothing more than a .308 case necked down to handle and hold the 6.5 mm bullets or a .243 case necked up. Many of the the major brass manufacturers are now making this brass including Lapua so necking up or down is not necessary.
#5. Long barrel life. Unlike the .243 Winchester the .260 Remington is easy on barrels. Life expectancy for competition purposes is approximately 3000 - 3500 rounds whereas a .243 will be burnt out in 1400 rounds. For hunting purposes disregard this information as you will be able to hit a "pie plate" at 100 yds for many rounds with either caliber!
To have a rifle for both serious competition and hunting is nearly impossible. A properly built rifle for competition would require a gunsmith to blue print the action, properly pillar bed the stock, custom barrel at a cut length which would be really too long for trudging through the pucker brush after deer, custom trigger and the absolute best iron sights or optics money can buy. A custom rifle like this would hold 1/2 minute of angle accuracy shot after shot and would run somewhere around $5000.00. For a simple deer rifle, off the shelf is more than sufficient and you could get into it for less than $1500.00.
Maybe a factory bull barrel tactical rifle in .260 Remington would do everything you want at your local sand pit. Take a look at a Savage Model 12. Just don't expect too much in serious competition.
Good luck with whatever you decide and most importantly be safe and have fun shooting!
Dan
Last edited by ishoot308; 11-26-2012 at 04:38 PM.
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