Thanks so much for all the great responses! I do appreciate the advice. Bottom line is that either way I go, it's a win. I do live in a suppressor friendly state, so the thought of a shorter barrel capable of utilizing a suppressor is intriguing.
KYpatriot, I hear you on the fantastic capabilities of the .270. I will still utilize the ole girl. I bought my .270 used at the ripe old age of 13. She has never failed me, never missed a deer and looks better than the day I first brought her home (the stock needed lots of tlc).
Also, I would love a 6.5 creedmore. Unfortunately, where I live, I can't locate one that I can go and see, hold and evaluate. Same for the .260, 7 RSAUM, and .284. I did find a used 7-08 in a 700, but it has some flimsy Tupperware style stock. I want to bring home a platform, mount a solid base, rings and scope and go get on the trigger. The LGS did suggest rebarreling the 5r to the caliber of my choosing, but why do that? I would forgo the benefits of the 5r barrel that I am paying so much for. Now if a switch barrel can be utilized in the platform with a 5r barrel from a custom barrelmaker without breaking the bank, that's a different story altogether.
Lastly, it would be cool to have a precision bolt gun and a semiauto rifle in the same caliber. Thus my thinking of going the .308 route to utilize an AR10 platform one day. And I do love those .30 calibers!
Am I way off base?