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I don't believe the issue with M1As is related to powder differences, though that is true with 30-06 and the garands. The bigger issue is 308 vs 762x51. It's like 223vs556 but flipped; the 308 loads are significantly hotter than 7.62. Can be very bad for the weapon
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It's not as simple as ".223/5.56 flipped". It's a possible headspace issue combined with higher pressure and thinner case walls.
M1As have a vented gas cylinder to prevent op-rod damage, correct? I'd still follow Vortec's advice and not use "light magnum", Superformance or the like.
There was a thread in the Precision Rifle section comparing FGMM .308 and 7.62, though I can't remember what the difference was. Perhaps the MAP, and case annealing. I'm sure plenty of FGMM .308 has been put through M1As without issue.