Since having my first .223 Rem F-TR rifle built that was dedicated to shooting 90 VLDs back in 2014, I have shot a LOT of them. I have also shot many of the 80.5 Fullbore bullets in a .223 Rem F-TR "practice" rifle. Until relocating from southern Kalifornia a while back, I shot the 90 VLDs regularly in all the monthly club matches we had available in the area, including matches at 300, 600, and 1000 yd, as well the occasional state/regional match in other locations. During the first 3 years or so of using the 90 VLDs, I also had a couple .308 Win F-TR rifles, in which I was loading 185 Juggernauts and 185 Hybrids at the time.
During that time, I have often heard the opinion voiced that there are some intangible and/or undefined features of heavy .224" bullets that somehow make them behave in a way not accurately predicted by ballistic calculators at longer distances (i.e. out to 1000 yd). The consensus amongst people expressing that opinion is that they somehow exhibit more wind deflection than would be predicted from their velocity and BC. I have never, repeat never, observed such a phenomenon. In my hands, the 90 VLDs have always behaved exactly as would be predicted from their velocity and BC, regardless of the distance, at least out to a distance of 1000 yd, which is the farthest I have ever used them. I used to regularly compare the performance of my 185 Juggernaut/Hybrid loads to that of the 90 VLDs at 1000 yd matches. Although it is difficult to accurately quantify such differences due to even subtle changes in wind conditions and temperature, even in consecutive matches, my overall conclusion was that in my hands, the 90 VLDs running at 2840-2850 fps from a 30" barrel experienced slightly less wind deflection than my 185 Juggernaut load at ~2730 fps from a 30" barrel, but slightly more wind deflection than my 185 Hybrid load (also ~2730 fps). This is exactly the behavior ballistic calculators predict for those three bullets based on the BCs and velocities I was obtaining.
I find the notion that somehow heavy .224" bullets experience more wind deflection that would be predicted from their BC/velocity at longer distances simply does not match with my direct observations obtained from firing more than ten, and possibly as many as twenty to twenty five thousand of the 90 VLDs. One possible reason I can imagine such opinions might have arisen is the velocity variance observed with typical .223 Rem and .308 Win F-TR loads. As has been mentioned earlier in this thread, most .223 Rem F-TR reloaders cannot reliably obtain the same low ES/SD values that are possible with comparable .308 Win loads. In my hands, 10-15 fps ES values are readily obtainable for .308 Win loads, whereas 18-25 fps would be a more common range for the .223 Rem loads. For obvious reasons, larger ES/SD values for a given load at 1000 yd mean the potential greater vertical dispersion, which generally means losing a few more points "out the corners" in an F-TR match.
Another reason may have to do with the use of bullets in the 80-something gr weight class as opposed to the 90 VLD, 90 SMK, 88 ELDM, 95 SMK, 90 A-tip, etc. As I mentioned, I had a .223 Rem F-TR "practice" rifle built. This rifle was set up and throated to shoot factory 77 gr loads, but also worked very well with the 80.5 Fullbore bullet. One of the practice ranges I had access to a little way north of San Diego had wind conditions almost identical to range 103 at Camp Pendleton, where one of our monthly club matches was held. Typical wind conditions at both of those ranges in the early afternoon would be from about 10-12 to as high as 15-18 mph from ~7:30 to 8:30. When compared to groups fired at 600 yd with the 90 VLDs or 185 Juggernaut/Hybrid loads in those wind conditions, my practice groups with the 80.5s looked more like a precision shotgun than a precision rifle. It was just that much more difficult for me to read those kind of wind conditions tight enough to use the lighter 80.5 bullets on the F-TR 600 yd target. I can imagine that someone observing similar behavior might easily interpret it to mean that heavy .224" bullets undergo far greater wind deflection than heavy .308" bullets, which is quite true. However, it is not unpredicted behavior, and the results I observed with the 80.5s also matched very well to the wind deflection predicted by ballistic calculators from their BC and velocity. Their behavior was not unpredictable, it's merely that my wind reading skills were insufficient to use them with the same precision that I could obtain with either 90 VLDs or 185s.
In order to come up with a .223 Rem that had a realistic chance of being competitive with current .308 Win F-TR loads in moderate to challenging conditions at 1000 yd, there are a couple criteria that would have to be met, IMO. First, a bullet with a slightly greater BC than the 90 VLD would be necessary. In my hands, both the 88 ELDM and 95 SMK bullets have slightly higher BCs than pointed 90 VLDs. Pointed 90 VLDs typically generate predicted G7 BCs very close to 0.290. The SMK 95s are closer to the 0.295 range, and the the 88 ELDMs come in at something like 0.305. The real question is whether that is enough of an increase in BC. My gut feeling says, "No". Given its slightly higher weight, it is possible that 90 A-tip bullet may satisfy this criterion. Hornady's advertised BC for this bullet is 0.295, whereas the advertised value for the very similar 88 ELDM is 0.274. Recall that in my hands, the 88 ELDM G7 BC value predicted from LabRadar data is something more like 0.305. The difference between my measured value and the advertised value could easily be due to the use of LabRadar data, which is not ideal, but it could also be due to the advertised value being slightly conservative. Regardless, the BC values I generate using LabRadar data should be more than sufficient for rough comparison, even if they're spot-on accurate. In other words, the same caveats regarding the methodology used to generate the BC numbers should hold true across the range of bullets tested. So it's possible that by using my BC estimation method, the 90 A-tips might yield a G7 value somewhere in the 0.310 to 0.320 range. However, I have never fired any of the A-tip bullets and so this estimate is solely a guess based on the two relative G7 BC values provided by Hornady for the 88 ELDM and the 90 A-tip. Nonetheless, the 90 A-tips MIGHT have a sufficient BC to give the .30 cal 200s a run for their money at 1000 yd.
That leads me to the 2nd criteria I believe a .223 Rem setup would have to have in order to have a realistic chance at competing on a level playing field with the 308s and 200 gr bullets. Specifically, the issue of the .223 Rem generally having almost double the ES/SD values of .308 loads needs to be solved. I have never turned necks in any of my .223 Rem or .308 Win cases. However, I was helping a friend set up a tune a .223 Rem F-TR rifle with 90 VLDs a year or two ago and he simply could not get the ES values below 30-40 fps. No matter what he did with regard to brass prep, powder weight, primers, etc, the ES values remained quite high, even for a .223 Rem F-TR load. Fortunately, he was able to solve the issue by turning necks, which brought his ES values down to a more acceptable 20-25 fps range. I can imagine if he was able to achieve such a reduction in ES by turning necks, perhaps someone that was already producing ES values of around 18-25 fps with their .223 Rem F-TR loads in brass with un-turned necks might be able to drop that down a little closer to the typical values observed with .308 Win loads.
Between finding a heavy .224 bullet with a just a bit higher BC and somehow reducing the ES/SD of typical .223 Rem F-TR loads, it is my belief it could well be possible to come up with a .223 Rem F-TR setup that would allow one to run on a more even par with the typical .308 Win 200 gr bullet loads in common use at this time. As I have already suggested numerous times, a 0.219" bore barrel would also be an integral part of such a setup, possibly as long as 32" to try and get every last bit of performance possible. Whether such an approach would actually work remains to be seen (and tested). I currently have more than enough rifles, barrels, and loads to keep me busy, so I don't anticipate doing anything like that in the near future. However, it would be an interesting experiment.