I'v been reading this post with a bit of curiosity. I have a 257 WM that I love and it hammers deer way out there with the 110 gr Accubond.
There's been statements in this post like, "The 257WM certainly has the case capacity to drive heavier bullets to acceptable velocities". Isn't that what the 270 WM and the 7mm WM are for? They share the same case as the 257 WM. You can go down to a 100 gr in the 270 WM and a 120 gr in the 7mm WM. If you want to go heavier then it's obvious.
I understand the desire to have one gun do most things. Wouldn't be easier to have a 270 WM or a 7mm WM and go with the lighter weight selections they offer? I guess it depends on what you do most.
I use the 257 WM for most things, the 7mm WM for the larger stuff or combo hunts, and the 340 WM for the largest of things I will ever probably get to hunt. Maybe I'm just a simple guy who thinks you need a bigger hammer for a bigger job versus using the same hammer and trying to swing harder. Only my 2 cents.