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Only downside to me is cost. It eats lots of powder, and Norma brass isn't cheap (nor does it last very long). But everything you have read about the performance is true. Don't buy a Corvette expecting great gas mileage.
If Peterson shows up with Lapua quality brass for a reasonable price it will be a game changer. I signed up to be an eval shooter for the 300NM brass but I haven't heard anything yet. I am tossing Norma brass after about three shots due to loose primer pockets, but admittedly my loads are pretty hot.