TMD said:
6.8 specific bullets which cost about twice as much.
No, they don't.
Pretty much any .277 bullet under 130 can be used, the best candidates are Hornady 110 HPBT and VMax, 120 SST, Speer 90gr TNT, Nosler 100 and 110 Accubond, and there are several others. None of which cost twice as much as any other comparable bullet. For loaded ammo, you can get Federal American Eagle 115 FMJ for $10/box and Federal XM68GD for $13. I even picked up 20 boxes of SSA/Nosler 90gr PPT on sale for $5/box a couple weeks ago. The only thing that's going to be cheaper is milsurp FMJ in 5.56 and 7.62x39
You also don't necessarily need to load them that long. Just like any other caliber, every rifle is different and you will need to find what it likes. Here is a couple from my 20" ARP barrel yesterday, none of which were loaded longer than 2.27", and the TNT was loaded to 2.26":
90gr TNT, 29gr H4198, RP brass, WLR old white box AV: 3050fps
110 VMax 29gr H322, RP brass, WLR old white box AV: 2708fps
110 Accubond, 29gr H322, RP brass, Fed GM210M AV: 2701fps
115 American Eagle AV: 2612fps
Brutus, Most prefer a 16-18" barrel, but it also performs very well from 12" to 20". You can expect about 25 fps per inch of barrel. Most common twist is 1:11-1:12 with 3, 4, or 5 grooves. The only thing to avoid is the 6 groove 1:10 twist that was designed for use with the 270 Win, the cross sectional area is a little too tight to get good performance with that one. Components are readily available from just about any supplier, anything that is .277 and 85gr to 120gr will work great.