300 WSM vs 300 Win Mag.
To begin... I do not now nor do I expect to ever have a rifle chambered in either flavor.
In theory, theory only, a short/shorter action would have less flex and there by be more accurate.
The longer action would allow for a longer case body, more internal space and more space for larger amounts of powder. Thus in theory again, greater velocity.
In practice, I would have to have a rail gun to see any increase in accuracy potential between a short and long action, if any.
Both cartridges pushed to the practical, safe with safety margin, limits are very close to being the same. 50 or 100 FPS can be the difference due to temperature, humidity and barometric pressures.
To me, both are functionally the same and both nominally run over-bore charges and toast the barrel too quickly for my tastes. They both have their place and do a very good job if it.
These are my views. Don't confuse me with facts