My wife dropped her buffalo and a nice sized elk with a 30-40 Krag, 22" barrel and a 220 grain bullet. With the 220 and the 200 grain bullet, you have at most, a 150 yard shooter. But it will be very deadly within that 150 yards. I have found that with the right load, sub moa accuracy is common in these rifles.
If it is a real 30-40 carbine, it's value is increasing to where any modifications would be unwise.
C F