I have had rim lock in my 375 H&H Magnum. I was firing 235 grain bullets which are shorter than the magazine. The bottom round slide under the top round. The belt on the top round caught the rim of the bottom round. I was unable to close the bolt because the cases were locked together. I had to lower the rifle, press on the magazine stack, to disengage the bases of the rounds. I had that happen several times.
I have had rim lock in the 7.62 Nagant and the 303 British. I have not had rim lock in my 300 H&H Magnum, don't know why, but overall, I consider the belted magnum case to be something that should have died more than a century ago. I don't want fins, rims, sticking from the side of my cartridge as all they do is catch on stuff.
I do know belted magnum cartridges can be very accurate, I have shot my 300 H&H out to 300 yards and it shoots well for a sporter rifle.
In so far as the 300 H&H being a target cartridge, Ben Comfort did win the 1000 yard Wimbledon with a 300 H&H and congratulations to him. However he out "V"'d the second place guy, who was shooting a M1903 Springfield service rifle in 30-06. It was not like Ben ran a two minute mile while everyone else ran a 4 minute mile.
The long range National Champions I know, they are shooting 6.5 or currently, 7mm. They don't want the recoil of a big 30 caliber and they want the better ballistics of the sub calibers.