Ramrod and Ray,
Well you each raise some interesting points, but here is how is see them.
Ramrod.
You say that the best comparison to make is between the .270 Wincheser with 130 grain bullet (best deer killler) and the .308 Winchester with the 150 grain bullet (best deer killer). OK. I tend to agree. So let's look at them. According to the 2003 Shooters Bible (page 474) a standard factory loaded Federal round, for the .270 Winchester with 130 grain bullet, when sighted in for 200 yards, drops 6.8 inches at 300 yards.
According to the 2003 Shooters Bible (page 481) the standard Federal round, for .308 Winchester, with 150 grain bullet, when sighted in for 200 yards, drops 8.8 inches at 300 yards.
So, Ramrod, I will grant you that when comparing the .270 in 130 grain against the .308 in 150 grain, the .270 shoots two inches flatter at 300 yards than the .308. Is two inches really significant at 300 yards? Some may say yes. But on deer, I have never had two inches in drop be a significant factor, and I don't personally view it as significant.
What I do consider to be far more significant to making the shot is the following: When shooting these two rounds, from a rifle weighing 8 pounds, the .308 generates only about 17.1 foot pounds of recoil energy, but the .270 generates about 21.3 foot pounds of recoil energy! That's right, the .270 generates 24.6 percent greater recoil than the .308, just to get that two inches of flatter shooting. (See American Ammunition and Ballistics, by Ed Matunas, 1979 ed. page 23). To me, it just not worth it.
Ray,
Your posting lists a custom "hand-load" for the .270 with a 150 grain bullet, that shows that in your hand-load, the .270 drops 2.6 inches less (i.e., shoots 2.6 inches flatter) than a standard .308 factory load at 300 yards (when both are sighted in at 200). The 2.6 inches is a significant figure. However, you have accidently proven my point! In effect, what you have said is, "The .270 does shoot alot flatter with a 150 grain bullet than a factory loaded .308 Winchester in the same bullet weight, BUT ONLY if you hand-load the .270." If you don't hand-load (and the vast majority of hunters don't), then the .270 with the 150 grain bullet is not flatter than .308 at 300 yards with the 150 grain bullet in any material respect. (Again, the number is 7/10th of an inch.)
I don't hand-load. However, I'll bet that somebody out there who does hand-load the .308 can show you a sizzling load for the .308 with the 150 grain bullet, that will have a trajectory no more than 1 inch different from your .270 hand-load. So, . . . we are all back in the same place.
The .270 Winchester is a great round, and there is no doubt about it. But, give me the .308 Winchester any day. Less recoil, much more inherently accurate, no need to hand-load it, and a nice 150 grain bullet hitting that deer. They are both excellent on deer rounds. But I think that the real choice between them lies in the following question: If the rest of your game will be smaller than deer, then choose the .270. If the rest of your game will be larger than deer, then choose the .308.
Best Regards, Big Paulie