Well unless things have recently changed, that cartridge holds the world record for a 10 shot group in heavy gun 1000 yd benchrest.
So I would guess that qualifies for something. Also its a very close comparison to the 300 win mag balisticly.
Good bullet selection choices, and you already have an action and a hankering to build one.
I think id be planning more on how id be finding an elk to shoot at, and how I intend hitting it, but that's me, and it does require a good gun.
Be thinking about good glasses, and a good lite tripod to support them, so you can spend hours using your eyes rather than your legs and lungs.
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