Interesting cartridge. My 14 year old son and I have run a few hundred 7-08's downrange through a 14" barreled Savage Striker with the brake this year as he preps for youth deer season. For the most part we are running 39 I4895 with a 154 Hdy interlock fb at 2400 fps. Switching to 48 Sta-ball and the 150 nos. bt we are getting 2500 fps from the pistol but the recoil and concussion are far worse; the kicker is Sta-ball is burning dirty enough that after 20 rounds or so the adjustable brake nearly seized.
As a comparison I've run a couple boxes of the hdy American Hunter 139's through the pistol; they run about 2550 fps from the stubby barrel.
fyi., the pistol started out as a 22-250 and I was given the 7-08 bbl.. I installed the barrel myself- screwed it down tight on a go-gauge so I'm not getting a bunch of loss in vel. from case stretch. Only a couple thou. growth per firing too.