My only contribution to this discussion is about the words "better" and "more efficient."
Better - In too many people's mind, the word is pretty much synonym with "faster out of the muzzle." I wish they would just say "faster out of the muzzle" rather than "better," since for a cartridge to be better than another there are a myriad other considerations unrelated to muzzle velocity.
Also, we have terminal ballistics data spanning well over a century that shows that there is a magic sweet spot between sectional density and velocity--around .300 SD and 2,100-2,500 fps. Given the right bullet, the laws of terminal ballistics have not changed. When it comes to .350+" calibers, I don't see the great advantage of treating the cartridge as a long-distance number. If the game I'm hunting
requires a .375 (or a 9.3mm), I don't expect--or indeed want, even if I could--to take pot shots at 350 yards. That's just me, and (as always) YMMV.
More efficient - Someone smarter than me needs to explain to me how this matters. In 25+ years in the gun and hunting business in one capacity or another, I've never understood it. Yes, it makes for great fodder for magazine writers on a deadline who have to come up with new topics about old subjects, but from a practical standpoint, discussions of cartridge efficiency have always prompted a head-scratch on my part.
OK. A shorter cartridge can achieve the same muzzle velocity as a longer one. Great. But the only
practical advantage I can see is that it's cheaper to produce a rifle with a .308 Win or .30-06 Sprg action size than one with a .375 H&H-length action. In this case, then, I'd just use the words "rifle is cheaper all other things being equal" when pointing to the advantage of the former chambering over the latter.
Or there's the issue of bolt-throw. .375 H&H max cartridge OAL: 3.600"; .30-06 max cartridge OAL: 3.340". That's a difference of .260" (per the Hornady reloading manual, 9th edition). Honest question: has anyone really timed himself in a statistically-relevant way, about how much that extra .260" (let's even round it up to .300") of bolt-throw has slowed them down in follow-up shots? Put recoil and muzzle jump into the mix, since we're talking big calibers, and again I don't see how a few tenths of an inch become an objective factor.
But I still like to think of myself as a relatively young guy (inner voice:
keep wishing! ) and there are scores of people here with tons more experience than me; so I'm always eager to be persuaded into more informed opinions. Honest.
So how is this relevant to this conversation? I very much agree with the OP that the 9.3x62 can be pushed to muzzle velocities comparable to a more or less standard .375 H&H, in some cases even faster. But why would you want to? Since 1905, when this cartridge was
specifically created for and marketed to hunters in German East Africa (today's Tanzania), it has racked up a stellar reputation as a fantastic killer with moderate recoil.
On the other hand, if you get your kicks (no pun intended) from hot-rodding cartridges, more power to you (again, no pun intended). As long as you still shoot accurately and use bullets that hold together at the greater velocities, this goes to the very heart of our passion: do it if you love it.