Unfortunately the 150 ALR won't get you to either SD or BC of a quality 140gr 6.5 bullet, that is why you see guys going 160+ grain to start pulling better performance out of their 7mm's.
Take a 140 Berger in the 6.5 and your looking at a SD of .287 and a G7 BC of .313, the 150 ALR has a SD of .266 and a G7 BC of .295, much closer but not really equal.
I have yet to catch a 140 Berger in a game animal, mule deer or elk but I've caught many 7mm bullets under 160 grain and had many not get the penetration needed while delivering a good wound channel. There is a reason the 6.5's have been popular for big game for so long.
I prefer to shoot the best bullets I can both for terminal performance and ballistics on elk so we run 150-160 grain Matrix VLD's in our 6.5s and 180 and soon 195 Bergers from our 7mm's.
Okay here's what I've done to try and make sense of this.
I took two bullets.
Make wt BC SD
Berger 140 0.612 0.287 Match grade VLD Hunting 6.5
Nosler 150 0.611 0.266 Accubond LR 7mm
I then put them into my Chrony Ballistics III software each with a muzzle velocity of 3,000 fps, Altitude of 1,000ft Barometric Pressure of 28.47, temperature of 55F, and 78% humidity and zeroed at 100yds. Then I charted it out to 1,000 yds. Here are my results.
bullet ---- distance ----- Velocity ----- Energy ----- path
6.5 ------- 200 ---------- 2702 -------- 2269 ------- -2.3
7 --------- 200 ---------- 2701 -------- 2430 ------- -2.3
6.5 ------- 400 ---------- 2422 -------- 1824 ------- -21.7
7 --------- 400 ---------- 2422 -------- 1953 ------- -21.7
6.5 ------- 600 ---------- 2160 -------- 1451 ------- -65.0
7 --------- 600 ---------- 2159 -------- 1552 ------- -65.1
6.5 ------ 800 ---------- 1914 --------- 1139 ------ -137.7
7 -------- 800 ---------- 1913 --------- 1218 ------ -137.8
6.5 ----- 1000 --------- 1688 ---------- 886 ------ -250.0
7 ------- 1000 --------- 1687 ---------- 947 ------ -250.3
I realize killing potential is more difficult then just velocity and energy but they along with bullet design and most importantly shot placement have to be major players in the equation. So I think I'm coming down on the side of "Fairchase" and "WBM". I've found a gun I'm comfortable shooting now I need to find a bullet designed for the job and will shoot well from my gun. Then get good at shooting it.
Thanks for the help.
Craig O.