The .308 Winchester and the 7.62mm NATO (nee T-65) cartridges are not the same1, nor should they be considered interchangeable despite apparently identical external dimensions… the chamber drawings are in fact different.
But as Clint McKee and Walter Kuleck of Fulton Armory note on their "award-winning" website:
They are the same, 'cause nobody makes 7.62mm (NATO) ammo that isn't to the .308 "headspace" dimension spec. So 7.62mm ammo fits nicely into .308 chambers, as a rule.
.30 calibre rifle chamber graphic, courtesy of Steve Redgwell of
http://www.303british.com; used with permission Olin 7.62 X 51mm While the 7.62mm NATO cartridge has a maximum chamber pressure of approximately 50,000 pounds per square inch (psi), in the SAAMI book the .308 Winchester has a MAP (maximum average product) pressure of approximately 62,000 psi* (each by conformal transducer measurements, and therefore comparable). This is not to say that all .308 Winchester loads will develop such pressures, merely that they would be within manufacturing tolerances if they did so. Firing .308 Winchester ammunition in a firearm specifically chambered for the 7.62mm NATO risks damage to the firearm and injury to the shooter.
* - This translates to approximately 52,000 cup (Copper Units of Pressure).
Chamber Headspace Gauges
.308 Winchester
GO: 1.630"
NOGO: 1.634"
FIELD REJECT: 1.638" 7.62 x 51mm NATO
GO: 1.635"
FIELD REJECT: 1.6455"
Chamber Pressures
.308 Winchester
MAP: 62,000 psi
MPSM: 66,000 psi
Minimum Proof Pressure: 83,000 psi
Maximum Proof Pressure: 89,000 psi 7.62 x 51mm NATO
Maximum: 50,000 psi
Proof pressure: 67,500 psi
Sources: .308 Winchester data from ANSI/SAAMI document Z299.4-1992, Pressure and Velocity, Centerfire Rifle Sporting Ammunition
7.62 x 51mm NATO headspace data from Jerry Kuhnhausen's M1/M1A shop manual.
Pressure data from TM 43-001-27: Army Ammunition Data Sheets Small Caliber Ammunition
According to Ken at Clymer Tools, noted maker of headspace gauges, the problem isn't the round itself, it's the headspacing.
A 7.62 NATO Go gauge is .003-inch longer than a .308 Winchester Go gauge. The 7.62 NATO NoGo is also longer, to the tune of .004-inch. It's entirely possible to chamber and have an accident with a .308 Winchester round in a rifle that would be safe for 7.62 X 51mm. A chamber in 7.62 that could barely close on a 7.62 NoGo could swallow a .308 Field gauge. Add to this the fact that .308 Winchester brass, being of commercial manufacture, is much thinner than that of the 7.62 NATO, and expands alot more, could possibly lead to casehead separation.