Re: M118LR?
I suspect but don't know... I'd expect the M118LR to be loaded with something slower burning than IMR4895 and that you can not reproduce the LR variety with 4895... that being said, the regular M118 will make the 1000yd line as it is with 41.5gr like the white box match stuff.
My M1A supermatch loves it loaded that way but, I take the bullets and set them out the 2.83 then it loves it even more.
I used to shoot the national match course years ago and was on the louisiana state team several years as a junior shooter and, I still have a few thousand rounds of M852 and M118 that DCM ( now CMP ) used to issue us every year for practice for next years State Jr. Team match. I still have over 4000rds of 30.06 M72 also. LOL All of that old stuff still shoots pretty well after all these years.
If you're loading IMR 4895, the proven load with that powder and LC cases is 41.5. You can load either SMK 175 to produce the M118 ( with a better bullet since M118 used a crappy bullet ) or, you can load 168 SMK to produce the M852.
Both shoot REALLY well in my M1A SM. I mostly stick with that load in my M1A in that you can't really go to slow powders with it and keep your op rod in tact.... but, with that load, I can still make the 1000yd line so, I'm happy enough with that. It still shoots lights out and, I'd put it up against anything new that is a gas gun today.