Hey Goshawk.
Yeah, i like my short barrel. It points and handles very nicely and is extremely stiff (being a varmint weight short). It's probably lost about 200fps/ish with about 6.5" cut off it from 24". My best load averages under 0.5" at 100m. Pretty good for me. I can even keep it in or near the bull out to 500yd if there isn't to much wind for me to guess about. This is with 223 and 50gn bullets, so accuracy of the shorty isn't a problem.
Below are some links i found interesting when i did the deed and lopped the barrel. They helped me understand what was going to happen.
Give them all a read and it might help you figure out where you will be with velocity etc.
From what i understand, the biggest issue with a shorter barrel is that, all other things being equal, there is less time for internal ballistics to develop; maybe that's the wrong term but basically less length means less room for the powder to burn and develop velocity. So, using a slower powder that would give you a velocity gain in a standard (24") or long barrel (28"+) barrel actually works against you because the bullet leaves the barrel before all the powder is burnt and gases fully expanded (which is what drives your bullet out the end quicker in the long barrel).
The other disadvantages of this are muzzle flash (not good in the hot dry) and simple economics of wasted powder and possibly more powder fouling at the muzzle end. With a faster burn rate you will get the most out of the powder you use and reduce muzzle flash (burning powder exiting barrel).
So, you don't 'need' to use a faster powder but you may get a little more velocity from your charge and wont waste as much powder if you do up the burn rate.
Again, i'm no expert (one link below even kinda contradicts aspects of my basic understanding); least of all on loading for 308, as i only load for the 223 and am about to start loading for 7mm08. I am only passing on my understanding of the principles. The links below are to help you get your head around it for yourself.
Cheers and good luck with your shorty 308win.
308 studied by the inch of barrel length:
http://rifleshooter.com/2014/12/308-win ... 8-to-16-5/Other cartridges treated the same by the same guys:
http://rifleshooter.com/barrel-length-and-velocity/Similar experiment with 308win by different dudes- good graphic aids at the bottom:
http://www.thetruthaboutguns.com/2013/1 ... -accuracy/Article on what to expect from a shorter barrel and "is it worth it?":
http://www.guns.com/2012/02/16/the-myth ... city-loss/