Much as I dislike the "which is best?" question (it depends on application, personal preference, etc.), I'll comment on the Model 7.
I have and like the Model 7 in .308. I purchased mine primarily for hunting. It's light and maneuverable for use in eastern hardwoods, and I've found it accurate enough for its application, regularly grouping under 2" at 100 yards from field positions. Could probably do better if I took the time to find the ammo it likes best; just haven't felt the need to do so. Mine sports a Leupold VX-II 2-7x compact scope, which is also adequate to the job. I've been very happy with the package.