Yes quite - to get the best out of it, it needs a long action (or single-shot usage on ranges) and long throat. That's why factory 7-08 soft-point ammo is nearly all loaded with 140gn bullets, only the odd model listed as heavier. (Same as 284 Win - it was discovered by long-range hunters well before competition shooters picked it up in its original 7mm form. Some sources and gunsmiths called it the the 284LT, the suffix being an abbreviation of long throat and rifles were built around long actions.)
Some European magazine rifles used to be made in three, not two action lengths, the middle one for cartridges like 6.5 and 7X57mm, 6.5X55mm and suchlike with COALs on or just over the 3-inch mark. They'd be ideal for a custom 7-08 sporter.
It's a lovely little cartridge, one of my favourites. I use it with the 160gn Sierra TMK at around 2,830 fps in mid-range F-Class and the occasional BR match. It can shoot the yet longer 180s well but needs such a long throat it's really limited to these bullets and I reckon that's what I have a 284 for anyway. I do regret not going for the AI version, but when the rebarrelling was done it was right in the middle of the great tools and components shortage period and dies would likely have been a problem. (I hadn't discovered Whidden Gunworks at that stage.)