Interesting topic, sure to get a bunch of different opinions & answers.
My quest for a new LR rifle & caliber began with a comparison. I wanted a rifle primarily for conventional LR matches (fired from a sling, not a benchrest) that would out-perform a 6.5-284. It had to be able to:
1. Fire a very high BC bullet
2. At high velocity (3,200+)
3. Have moderate recoil WITHOUT a muzzle brake. (they're not legal in conventional LR)
4. Have the potential for excellent accuracy.
Due to the recoil, a 30 or 338 variant was likely out of the question due to the weight & resulting recoil of 220-240 & 300 grain bullets at high velocity without a brake. The Lazzeronis intrigued me when they came out, but one call to their shop years ago deterred me from using their stuff.
I saw Berger's 7mm 180 VLD & was intrigued. It had an advertised BC of .698 & could be fired at high velocity in a 7mm STW. I was leery of reloading a belted magnum, so I held off. Once Remington introduced the non-belted 300 Remington Ultramag, I hoped they would consider making it in 7mm, & as we all know - they did.
This allowed a lighter, but very high BC bullet to be fired from a non-belted magnum case which had some ballistics surpassing a 6.5-284 according to my ballistcs program. Velocities are in the neighborhood of 3,300- 3,400 for a 180 at the muzzle, 2,500 at 1,000, & 1,500+ at one mile. Superb wind resistance, fast, & FLAT. I fired a buddy's Savage lightweight in 300RUM from a sling with 175 SMKs & was surprised at the recoil - not bad at all.
After talking with several people including Walt Berger about it caused me concern over whether his 180 would hold up at those velocities (and as he was patient enough to explain: RPMs) He said it was very iffy if the J4 jacket would stay together & wasn't designed for that application. He suggested some other VLD makers using thicker jackets to try. Jimmy Knox & Bob Cauterucio were equally as patient & helpful, I've tried bullets from both & have been extremely impressed with their quality & uniformity.
Powders were another story. Almost no load data existed for a 7mmRUM. Few companies had quality dies either. I bought a few powders while the rifle was being built, gathered what data there was, talked to some knowledgeable folks, & started putting the pieces together. After frustrations with 'traditional' powders I've been trying some 50BMG powders & 3 bullets: Cauterucio 156 & 176, plus JLK 180s.
Since it will be fired from sling supported position, it's built like a very large international smallbore rifle: weight & ergonomics to absorb recoil (adjustable buttplate, cheekpiece, handstop, etc.)
So far, it's been one trial after another, but the pieces are starting to come together. Groups (when I do my part) are getting consistently sub-MOA at 500 with one showing potential to shoot @ 2" at that distance. It's comfortable to shoot even without the brake, & should do well for LR coyotes, & if I can swing it eventually, bigger game. LR benchrest would be fun to try, even though it's not really designed for it.
Time & shooting will tell. I'm hoping to make a 1,000 yard match next weekend. Although I've shot in some in the past, it was with 308s & 7mm-08s. I may have to have a chiropractor on retainer, but it ougta be a blast!!!
As far as the BC question, I'm no expert (or even gifted amateur) but I learned a little talking with those bullet makers. These three, & a few others (Warren Jensen included) have forgotten more about bullet construction, performance, & dynamics than most of us will ever know! Sectional density, weight, & construction play into it, but design of the ogive characteristics & even the BOAT TAIL play into it. That's why bullets of equal weight can have significantly different BCs. Design. The cutting edge stuff from LRBT & PRL made from solid, super dense, one piece construction are potentially a new era....
Best of luck, I hope your projects aren't as much a pain in the @$$ as this one's been.