In my dotage, I keep returning to a bit wisdom(?) my Eldest Brother Bill kept hammering into my noggin. He taught me handloading, and had done most of his shooting as a BR guy. Now BR guys (IMHO) tend to drive the bejeezuz out of their ammo. He didn't and reminded me that the folks in our family simply couldn't afford the at least annual barrel replacements that many BR guys did. They also used a lot more brass than me. When he found a node, he'd look for another one lower, and he usually found one. He counseled me constantly to do the same. I'd like to say I take advice well, but not really.
But he was right all along.
I think a load needs to do two things. Hit the part of the target that earns the points, and arrive on target at no less than 1300fps (so it's not transsonic). Going faster than that (like, for instance, to reduce wind drift) is not all that necessary. In the end, wind dope is wind dope, and every velocity has its own. We have to find it, no matter what that velocity is, and how well we shoot is really just about how well we can adhere to that dope.
IMHO, blazing velocities are not really any better at this game. What they are amazingly good at is burning out barrel throats and ruining otherwise good brass. If that's acceptable to you, fine; but are they really buying anyone as much as they're paying for them? I'm not in the market for that. Shoot the right dope with diligence and you'll do plenty good enough.
That's an old man, who wishes he could get out and shoot more, talking. We all get our choices in this game.
By this token, FGMM is actually pretty good brass, as long as one is not loading them so hot that the primer pockets jump ship after just a few uses.
I don't use it, because I'd rather neck down 7-08 (Starline) for my 260, and I have a lot of IMI 7.62x51 NATO standing in the wings for when I load more 308; left over from the IMI loaded ammo I bought a ton of a few years back. But FGMM 308 is every bit as good for me, just so long as I treat it with the proper degree of respect.
I have never annealed, and probably never will.
Greg
ETA: I do not wish to portray all BR Handloaders as being hot loaders. Many are not, and even mention that they get amazing numbers of reloads out of their cases. This practice, I wish to publicly applaud. Brass is becoming a rare commodity, and maybe even for no other reason, should prompt more sane reloading recipes that stress the conservation of this essential item.