Agreed. Factory ammo for both is pretty anemic, but both have good potential for handloading. I personally think people overplay the difference between the two. The steel case russian stuff is actually the most potent factory ammo for the 7.62x39 that I've seen usually averaging 2400-2450 fps from my 16" barrel. From personal experience I would say you can handload a 300 blackout to be near as makes no difference the same as factory 7.62x39 ammo. My 300 blackout upper pushes a handloaded 125 gr to 2400 with a book maximum load of Win 296 and no pressure indications of any kind. If you handload both though the 7.62x39 has a clear advantage, at least when using CFE BLK. Mine does 2630 fps with a 125 gr accubond with CFE BLK. I maintain that the 300 blk is a better reloaders cartridge just due to the brass availability and that it uses 1/3rd less powder. It also works with a wider range of powders which are cheaper and much more available. 7.62x39 really only works well with a very short list of powders, and they are all significantly more expensive and harder to find.
The things that make 300 blackout shine are the efficiency, component availability, and ability to suppress. The 7.62x39 shines in how well they shoot with steel case ammo thats cheaper than reloading, and it has the potential to be a couple hundred FPS faster either with factory or handloads. They are both fun. Get both if you can!