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I load 190gr lead 30-06 @ 1400fps for about $.05/ea.Just a point of view but I don't believe it's worth the time and the cost. Fmj bullets are abought 8 cents and other bullets run up from there. Add powder and primer and it gets worse. 22lr is 5 cents a round. Yes it cost to buy another gun but you have a gun for that money and your shooting is only 5 cents a round. Time and money together I believe your reloads will run you 20 cents each.
Plus are you going to be able to hit with the gun sited in for full power when you use those light loads?
It's a hobby, much like golf, gambling etc. is for some, so I don't factor in my "time".
And that's a good, long standing point about reduced ammo.. not blasting a grouse to smithereens while out with your bigger rifle. It's an easy matter to hold off to hit your target if that's necessary.