I have mag bands on both the upper and the mag for both my 5.56 and .300blk uppers. It CAN happen, but it isn't much of a concern for me. Every mag that is loaded is marked, even the ones that sit in the safe.
To start....I don't shoot much 5.56....I prefer to shoot the cheaper (and far more fun) .22LR.
More importantly , I hardly ever shoot brass (brass colored case) supersonic FMJ in .300blk. I've shot a little bit of S&B supersonic, but that is about it. My S&B is usually subsonic...which is a bit harder to chamber and easy to spot with their powder blue primers. If you are paying so little attention that you manage to mix up a 200gr FMJ .300blk round with a 55gr FMJ 5.56 round, you should probably not handle weapons anyway.
I have Australian Outback FMJ, which has a black case.
I have Wolf Steel FMJ which obviously has a gray case.
I also have a little bit of Tac-Tx, which has a black tip, and a shot more V-max than anything else, which has a red tip.
Most of my 5.56 that are still in boxes are 75gr/77gr OTM's anyway. It would be hard to mix up.