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Very poor selection of suitable FN bullets is probably the major reason. Currently the only bullet I am aware of is the Nosler ....I believe 120 FN. The same round handloaded for a Contender is about as good as it gets for a deer gun. This gives you an indefinite number of components for handloading with SP/BT bullets.
Federal is the only company that still ....or asfar as I know ever made ammo for the Waters. But 30-30 brass is easy to work with and making cases for the 7-30 Waters is easy.
Winchester only made the Model 94 in 7-30 for a short while....you may have a bit of trouble finding one....................
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