Wildcatting is fun and an exercise in exploration. However, it is a good idea to check to see if someone has done something similar in the past before going to all the work for no gain.
A- If a cartridge exists which delivers similar results (velocity, accuracy, or other measure of performance) and is a proven performer over the years, it is possibly not a great goal to pursue. If it will match 7X57/7-08 performance but is more difficult to reload and feed through an action, it will probably not be a success. For example, a friend of mine developed a 30 caliber round on the 57mm case. Performance and accuracy were very good, in fact just as good as 308 Win/30-06. Obviously, it never got any traction.
B- If you add complexity to the equation by adding feeding issues, brass unavailability, and tricky reloading, then it would discourage most wildcatters. As inane as the art of wildcatting seems to most people, it serves to test possible solutions to issues that exist with current cartridges. 223 WSSM is a great example of this: good ballistics, but load sensitivity, feeding issues and tremendous throat erosion killed it pretty quickly.