1:8 will stabilize just about everything from 50-80 grains. I handload and the 77 and 75 grain bullets give me .5 moa consistently in my RRA. I'm having pretty good luck with the 60 grain V-Max right now too, which is probably better for varmints than the 77/75 grainers.
Handloading helps a lot if you plan on using [u]match[/u] ammo. Saves $$$ on ammo costs in the long run, and you can make loads just for your rifle that will be more accurate than any factory load. Not worth it if you are just shooting surplus though.
And with Bushmaster and their 1/9 twist; 1/9 is pretty much the compromise between 1/12 and 1/7. Pretty much every company uses this twist on their standard rifles, but many use 1/8 on their varmint/accurate guns for heavier bullets. Plus, most people use surplus 55 or 62 grain bullets in their guns, which is perfect for the 1/9 twist.