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Old May 21, 2013, 11:14 AM   #4
Jim Watson
Senior Member
 
Join Date: October 25, 2001
Location: Alabama
Posts: 18,484
I assume you want to keep the same bolt and therefore the belted magnum bolt face and extractor because it is turned down for scope use and has a low scope safety installed.

Rechamber to .300 Win Mag is more of the same. More recoil than I would want without major big hair in the sights, sounds like it is for you, too.

Rebarrel to 7mm R.M. or .264 W.M. would be very straightforward.

If your paper punching does not require rapid fire, you could rebarrel to one of the WSSMs. A .243 WSSM is about as fast as a .240 Weatherby, and a .224 WSSM is not far from a .220 Swift in ballistics. But they are so short and fat that it can be a challenge to get them to feed out of a box magazine.
All my paper punching is single shot, I even have a "sled" for my long AR and a tray over the magazine follower of my bolt action, so that would not bother me.
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