DJ, that is sooooooo dead on. I have always thought that the 308/30-06 were pefect examples of case volume, powder burn rates and velocities atttained. The whole intent of the militarys development of the 308 was to get 30-06 performance with 150 grain bullets from a smaller cartridge. The 300 Savage case is often pointed to as the predecessor of the 308. The 300 Weatherby Mag also fits into this example as a somewhat extreme example (the 30-378 takes the place of most extreme) of what happens as volume and pressure is increased. The 30-378 is a true oxymoron, being the practical absudity of carring ideas to their logical extreme.
Another exellent example of the volume/pressure/velocity relationship is the 38 Special/357 Magnum/357Maximum cases. They all share the same case body diameter, the only difference being in length.
The 38 Special case is 1.155" in length, operates at 17,000 psi and drives 158 grain bullets to 900 fps.
The 357 Magnum is 1,290" in length operates at 35,000 psi and drives 158 grain bullets to 1300 fps.
The 357 Maximum is 1.605" in length, operates at 48,000 cup and drives 158 grain bullets at 2000 fps.
(all velocities for pistol/revolver length barrels)
The usable capacity in grains of water for the cases are respectively, 18.2, 17.8 and 27.7. The slightly higher capacity of the 38 Special reflects the extra material that makes up the 357 Magnum case (source: 18th Edition Handloaders Digest: Case capacity for cartridges fired in sporting chambers, pg. 205)
It is plain to see, that velocity is much more closely related to pressure than to volume, and if anyone is taking a case, "improving" it and reporting velocity increases in excess of 150 fps, they are almost certainly getting the extra velocity from pressure. Nothing wrong with that, so long as one is being honest with themselves and others about it.