Here I am! Sorry to have had my head down for so long, I was attending to that four letter word (w..k)
As to the basic topic of the thread, I certainly agree with what Laurie has posted as well as Lynn's comments regarding action size and rigidity.
I will only add that the system includes not only the action and barrel and brass, but also the clearances between brass and barrel. Among these are the bolt to barrel clearance which inevitably leaves some portion of brass exposed (and subject to failure) but also the diametrical clearances between brass and chamber. Brass and steel are elastic, of course, but that elasticity has a limit (lower for the brass by far). Once the brass enters the plastic deformation level, extraction will always be tough as it will not spring back in the chamber, in fact, it will be nearly locked-up to the chamber walls.
That characteristic of cartridge brass is accounted for in the clearances normally used in chamber reamers and resizing dies and also acts as a pressure limiting factor along with all of those mentioned previously in this thread.
Now, on to the real important topic - Laurie, go for the .30-06! No need for a new barrel, wait until someone rebarrels a fullbore rifle and you get a good deal on his take-off (as you originally did). The one I built with a 1:13" take-off shoots wonderfully with heavier bullets (within reason) (
http://riflemansjournal.blogspot.com/2010/06/ballistics-heavy-bullets-in-113-twist.html) and with the 1:12" becoming more popular, you might even stumble across one of those. Then you can talk your club into allowing it into F-TR. We allow .30-06 in F-TR in our club matches because it's no big advantage over a .308 and we have several members who use thir hunting rifles for it, no sense putting them into Open.
Excessive pressure is the handloader's biggest area of concern (or should be) and I'm glad this topic has come up as I believe it to really be worthy of attention by all of us, but especially newer reloaders. I'm amazed at how frequently I see problems which are clearly pressure related while the shooter is in denial saying something on the order of "It can't be too hot, it's the same load Joe/Jim/Jon/Betty uses. It seems our repeated warnings to start low and work up too often fall on deaf ears.