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Ahhhh no. 7.62X51 was developed for other reasons.

Suggest you do some history reading.

Both cartridges have their place in performance. I do shoot both.
I have a Savage 99 in 308 and won a Ruger American in 30-06 that is the most accurate rifle I own. Couldn't abide the black plastic stock so had it hydro dipped in a burl wood pattern. I do know of what I speak. While in the service I shot both on the rifle team.
 

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I have a Savage 99 in 308 and won a Ruger American in 30-06 that is the most accurate rifle I own. Couldn't abide the black plastic stock so had it hydro dipped in a burl wood pattern. I do know of what I speak. While in the service I shot both on the rifle team.
Shot both out to a 1000 yards at Desert Marksman. M72 didn't hold up at a 1000 as well as good lots of M118 or my handload. Both out of Match grade service rifles.
 
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