What bullet? Only reason I'd use mag is for confidence building. Otherwise the 7-08 is a fantastic cartridge. I've killed many whitetail with it.Killed my buck at 523 yds last year... with my 7mm-08.
No need for the mag unless you just want to kill something with it.
Never tried the ballistic tips but I may need too.I use the 120 gr Nosler Ballistic Tip. One tough little bullet. Thus far on longish range kills it has taken a large buck at 541 yds, a large buck at 521 yds, two does at 426 yds and the speed goat at 523. All one-shot kills. This is out of normal, over-the-counter rifles... albeit accurate ones. My handloads run about 3120 fps.
Read Craig Boddington's book on hunting cartridges. He breaks down what are the best cartridges and bullets for specific game. He loves a Ballistic Tip in a 25-06 for antelopeNever tried the ballistic tips but I may need too.