You don't really lose anything with the 1:8 twist, and it will let you shoot some better long-range bullets. Ballistic coefficient of the heavier bullets is outstanding in 7mm, so velocity (which takes powder and barrel length) is not absolutely critical. However, if you are ever going to compete at long range, the reason you would select 7mm is to take advantage of the decreased wind drift offered by the long, high-BC 7mm bullets. To get the most benefit, you also would need longer barrel length and a load that hits a node close to max speed. I think 22" loses a lot of advantage, but I have shot 22" at 1,000 yards. I have not ever been unable to draw down on an animal because my barrel was too long, and 26" is pretty handy. 28" is getting pretty long for a general purpose rifle, but not unreasonable. 30+ inches is a match rifle. So, 24-28" would be my suggestion. You can always have a gunsmith cut the end of the barrel down to a shorter length, if you change your mind later. Sometimes other factors than burn rate make a load optimal. One such factor is temperature stability. I have not tested the new Enduron powders (4166, 4451 would be the ones you would be interested in). They are supposed to be temp-stable, as well as having less fouling. 4166 is a similar burn rate to Varget, and 4451 is similar to 4350. The standard temp-stable powders are Varget and H4350. Others which may be very useful, and easier to find, are H4895, Benchmark, and H322. These are all fine powders. Another powder that's easy to work with and historically very popular in the .308-based cases is IMR 4064. It is fairly temp-stable. Reloder 15 can produce excellent accuracy, and whether it is temp-stable or not, I have seen some very fine long-range strings shot with RL15 in hot weather. Frankly, the most useful powder across the board is Hodgdon 4895. You can load down to about 70-75% of max, and get some great kid/practice/short-range hunting loads with minimal recoil. Of course, you can always get IMR Trailboss, fill the case to the base of the bullet, and have almost no recoil, while still having decent accuracy out to short range (100-200 yards). 7-08 is one of my favorites. You have chosen well.