i think .277 can really shine in smaller calibers where .308" bullets begin to become too fat to really offer much of a ballistic coefficient.. i'll give one example, when you get down to the 120 grain range which many (myself included) would consider ideal for military carbine rifle calibers (like 5.56, 7.62x39, etc), you'll find the .308" bullets have a ballistic coefficient of only .260 or somewhere in that area which means they lose a lot of energy at distance whereas a .277" found in the 6.8 SPC has a ballistic coefficient of about .400 which means it will retain energy for much greater range with a flatter trajector than a 7.62x39 firing the same weight bullets
so for small caliber stuff, considering the higher BC in the lighter bullet weights it really would make a big difference, in larger calibers where it was designed like the .270 i honestly dont think it makes a bit of difference over .308 or 30-06, or 7mm mauser or any of the other calibers around this area, because generally speaking any of these are capable of delivering more energy and a flatter trajectory than the rifle itself, the shooter, or the optics will be able to handle
what im wondering is why there hasnt been a major .270 short action cartridge made available, a .308 based cartridge chambered in .277 would be pretty interesting