I shoot the 135gr SMK from my .270 Winchester every once in a blue moon. It's the exact same length as a 6.5mm 120gr Scenar-L, shorter than all of the 130gr 6.5mm except the 130gr Sierra Game King.
It's a decent target bullet actually with a higher BC per Litz at .506 G1, does better than most of the common .308 TGT bullets and has way less ToF compared to .308 Win.
I load it on H4831 at 2847fps avg. from my 22" .270 Winchester Model 70 Featherweight.
The .270 Winchester and WSM configuration is out-classed by the 6.5mm and 7mm cartridges and bullet selection for long range target or hunting, especially looking at short actions.
The problem you'll see quickly is that out of about 40 of the 130gr and higher .277" bullets, maybe 5 of those have a decent BC, which always comes down to the boat tail. Like the .257" line of projectiles, almost all of the .277" bullets have flat bases, or boat tails that are so marginal, they might as well be flat bases. This significantly reduces the BC potential of the bullets, but will contribute to better accuracy at 100yds.
.270 has traditionally not been used in a target rifle configuration, and was more of a muzzle velocity speedster from the 1930s with way more bullet weight and energy than the .250-3000 Savage could hope to deliver. .270 Winchester with a 130gr SP flat base made a nice, flat-shooting plains rifle for those of us out here in the West especially, delivering fast kills on medium game within 300yds, and with a 200yd zero, you have 275yds point blank zero even in 10mph full value wind for 10" vital zone.
With a 140-150gr cup and core bullet, it is more than adequate for large game, having better performance than a .308 muzzle velocity even at 100-125yds.
The 7mm-08 in a short action will give you the same point blank range using a 154gr Hornady SST, with similar energy, but ~150fps slower impact speed at 275yds, but higher RPM due to the twist rate.
Even though I love the .270 Win., have a lot of connection with it from my childhood forward, I have to accept the reality that a little 7mm-08 has more versatility based on the bullet selection and short action rifle length/weight/handling, with a lot less powder consumption, and lower working pressure.
At 275yds, I can still hold center of vital zone and get impact with way more than 1800ft-lbs of energy from both of them, with over 2340fps impact speed from either, so well into the higher end of expansion envelope of common bullets on the market for both bores.