All depends on how you set up your 308, as to whether it would be slow with the heavier bullets. Long action, short action, barrel twist, barrel length, cartridge overall length, etc.
First experiment with Hornady 225 gr ELDM running over 2700 fps with a 308 hybrid case...they run 2674 fps in Lapua cases.
Not exactly slow for a 308 case.
But every time you compromise with shorter barrels, those velocities are diminished, as is the performance.
The application depends on the purpose, and performance you want, and the range one is likely to shoot.
This is a maximum effort no compromise 308 with 30" heavy palma 8 twist 5 R barrel, in an aluminum chassis, with a long action.
It will run 200 to 250 gr Atips, and has made 4000 ft/lb of energy, out of the 308 case.
I have many other 308s from 16" to 30" barrels, with twist rates from 12 to 8, ultra light to heavy...So I understand the compromises,...But never stopped pushing the envelope, or experimenting with the 308, over the years.
It's a hobby, as a retired machinist who builds his own rifles, I can incorporate any idea, I desire, with no waiting on a gunsmith. Big advantage.
Example: just built an AR 10 in 338 RCM with an 18" barrel, cause I wanted a magnum cartridge in an AR. So I get to exercise my weird-ass ideas...
Helpful? Sometimes...