And what would this magical .40 rifle round do that a current .308 offering won't do? Factory grain weights from 110-180 grains that generally give a good spread of bullet designs. And really from all accounts there is nothing in the lower 48 that can't be taken by a .308 as long as the grain weight is correct for the hunting application.
Or you could do some homework and come back with:
.338 Federal
Which has some pretty good ballistic data as well as being built in an auto platform by DPMS and Armalite. And probably could be built on an AR-10 receiver by a custom guy since the barrel is the only thing needing replacement. The .338 Federal was built and designed as a big game cartridge to fit into the .308 sized actions and autoloaders.
Other than the obvious "wow, neat, let me shoot it just to say I did" factor and giving the standard gun rags something to drool over, claim its the next "military issue cartridge!" and continually write about for a couple of months, there really isn't a justification for a .40 on top of a .308 case. Neat? Maybe, but not really something the market is looking for.
But if you want to make your own wildcat cartridge, go for it.
Experience is a cruel teacher, gives the exam first and then the lesson.
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