The new Hornady loads in 30-06 push it up into the low magnum range.
Target shooting you can shoot the lower loads and extend barrel life.
30-06 is the single most versatile round out there and still can do the job a 30 caliber magnum can. Certainly has done the harder job in Grizzly over the years as well. Not a first choice but fully capable.
Lot less to shoot and ammo is the most wide spread