We have used the 162gr SST with great results, in 7mm-08, 280 Rem, 7RSAUM and 7mm Rem Mag. Kills have been between 100 yds to just under 500 yds, impact speeds between 2,700 fps and a just over 1,800 fps, and it has worked great every time. Doesn't blow up at close range and it expands perfectly at long range, with pass throughs almost every time.
Yes, not the highest BC bullet, but very efective and reliable, and depending on the load and elevation, with a 7mm Rem Mag you'll be good out 800 yds or more.
Nathan Foster talks a lot about this bullet and its effectiveness in the 7mm Rem Mag.