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As a handloader, with newer powders like RL26, I'll never use another 130gr bullet again. I can push 140gr and even 150gr bullets at 3000fps with less pressure. Like the 180gr bullet in a 30-06, the 150gr bullet in a 270 covers a lot of bases when pushed at 3000fps.130gr is the standard bullet for 270.
I personally hunt with a 110gr Custom Lite to cut down on the recoil. 130gr is a perfect deer wieght. Probably a little light for Elk unless you are really close and can miss the ribs.
as someone who hunts elk with an even lighter bullet, just stay away from quartering shots or anything over 300yds and you'll anchor them. The 270 is fine for elk though in the future I would look for a better bullet construction with a higher sectional density....Too lite of a bullet? 130 SST is all I have in 270 but have 30 cal and heaver bullets. For go the 270; it is a sweet heart and accurate. What do you think?