RE: Elk gun
I follow Colorado Bob's thinking. Most people seem to agree a .270 is enough, so a good pair of binoculars would probably be more useful. But I would never turn down adding another gun to the collection. A .300 win. mag. or WSM would probably be my choice, don't think you could go wrong either way. If your going to step up, these would probably be the way to go. A 7MM has a good bit more power, but not a lot bigger bullet than the .270. A .300 has a good bit more power and bullet.
The .300 WSM's take a little weight off the gun and potentially offer a little faster follow up. Something to consider if much hiking is planned. Ballistically, it is about the same, although it uses less powder. This is supposed to lessen recoil. On the downside, ammo is a little more limited and more expensive (right now, anyway). The way I look at it, what's ten more dollars compared to what I would have to spend on the rest of the elk hunt?