Just now logging in with all these replies .....
THANK YOU everyone! Many good things have been said and contributed. My interest in the Krag is for a HandiR in a "rimmed .30/06" (or approximately that performance).
Actually according to a couple things I read from Parker Ackley himself, if a rifle is chambered in the
Improved Krag (with a 24-26 inch barrel), performance would possibly even exceed .30/06 levels (with enough powder and modern pressure levels). Maybe even approach .300 H&H performance?
I agree if the Krag was left as-is (or barrel in .30-30 was left as-is),
both cartridges are outstanding for their original purposes and designs. Both also do very well with cast boolits
and appropriate amounts of correct powders too.
Was reading the first of two articles from Ken Waters
("Pet Loads") about the Krag and lead boolits, and even at modest velocities, it penetrates as good as anything else in its day, including the most popular 35, 40, or 45 (and other) calibers known in the first 2 decades of the 20th century (before world war one).
However. Waters also did a 2nd updated Krag article with a more modern propellents and bullets (and a recently manufactured modern copy of a M1895 Winchester. Waters also used a High-wall single rifle as well, with a 27-28" bbl). Even [just] approaching 45,000 PSI or so, the modern Krag easily memicks .308 Winchester performance (or however close to a '06).
However, using newly manufactured [recent] Winchester cases
in an improved Krag loaded to modern pressures ...... Remains to be seen and exploited! (with a longer than 22" barrel, according to Waters' data) Of course a Handi-Rifle in a Krag made from a modified .30-30 tube
would still be several inches shorter than either of Water's test rifles as well.
BTW, a show-stopper to creating an
[improvised] Handi Krag (improved or standard),
might be found when modifying a .308W Handi to become a .307 Winchester instead! (
along with its rim)
Consider, if a
Handi-rimmed .307 was a solid success and matched the most robust (and maximum) .308 Winchester performances,
would trying to squeeze however much more feet-per-second velocity out of a 22inch tube ..... be worth the trouble? I'll contemplate "that bridge" if I ever get to that point,
rather than
speculate for now.
However, one huge advantage the Krag's enjoy (standard and A.I.) over the .308 and .307 Winchesters,
is their much longer case necks for the reloader and boolit caster!