I just recently sold my Remington 700 SPS Tactical in .308 and sold all of my. 308 ammo. I have two AR's both in 6.8spcII and two SLR-95's. I am completely sold on the 6.8spcII and am heavily invested in it.
For me bolt actions, although accurate, are clumsy and awkward to operate, load and unload, .308 semi-auto rifles are larger and heavier. Sure you have more energy at 500 yards, but in reality, I have no need or desire to shoot at 500 yards. I wouldn't take a shot on a game animal at 500 yards, I just don't feel comfortable doing it.
Keeping my shots around 300 yards, no animal will survive a good hit with the 6.8spcII.
So my thinking is that I have a "carbine" in a substantial caliber that I can hunt with, defend with and target shoot with. It is light, short, handy, accurate, reliable, uses hi-cap mags and it's semi-auto.
What makes the 6.8spcII so appealing as well is that it was designed to get maximum performance from shorter barrels, where other suggested cartridges need more barrel length to get their numbers, your not gaining much with more barrel length in the 6.8spcII.
I'm sure you've heard all this before, but terminal effects were one of the priorities when choosing the caliber to use in designing the 6.8spc and the .270 caliber offered the best terminal performance.
The cost and availability always comes up when other calibers are suggested for the AR, but any non-5.56 caliber is going to be more expensive than 5.56. I can find plenty of 6.8spc for $.70 a round now, but it's not prohibitive considering what I'm getting in an overall package.
For me it was hard to ignore the utter versatility of the 6.8spcII in the AR platform. It just makes too much sense for me.
Sticking with a standard AR lower, we are really limited in range and energy options considering what can fit into it's magazine well.
I'll just throw this pic up for my own personal gratification