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As a footnote, the later MG42/MG1/MG59, or whatever it was called, in 7.62 NATO, was widely distributed and used by several armies, yet one never sees anything about its use after WWII. I just wonder what people think of it now.
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There's the MG74 and the MG3 - both of which are direct descendants (in fact, almost exact clones) of the MG42, but in NATO standard 7.62x51 rather than the original 8mm. They are still in service today in many countries and still one of the best GPMGs of all time. Important to note, however, is that among the other improvements in the MG74/3 over the MG42, there are now heavier bolts to slow the RoF down significantly.
FWIW, I thought long and hard about buying either an MG42 or an M60 and finally chose the '42 over the pig. Even though the price was significantly more for the '42, the MG42/MG3/MG74 is a far better weapon than the M60.