criver
To say, "Not with a 168 . . ." is a bit of a stretch, IMHO.
The current US M852 National Match ammunition is loaded with a 168 gr HPBT bullet that is identical to the Sierra MK. This is a load that the military adopted as a the result of Match shooters pulling the 173 grain bullets from the M118 cartridges and replacing them with the SMK - the so-called "Mexican Match."
I admit that 175 grain bullets, like the Berger VLd, makes a much better 1000 yard cartridge in the 308, but the real secret is in getting enough velocity to keep the bullet well above transsonic velocities. This can be done with a hot load and/or a long barrel. The reason the 168 grain has not done too well beyond 600 yards is that most of the rifles it is used in have short barrels.
To go even further, there are a lot better cartridges than the 308 for 1000 yard shooting. But it is adequate.
Ray