You're absolutely correct if one is working in the confines of a 2.26" OAL standard SAAMI mag and that should be noted.
If there is the ability to load out longer than 2.26" OAL, e.g. using a waters-rifleman tikka mag, or an AICS of some flavour in any rifle, then the reduced case capacity due to the longer bullet is not an issue - typically you can seat these long, aerodynamic 70-80gr class of bullets with the base around the neck/shoulder junction of the case without jamming into the lands with a standard 223 chamber and a longer mag.
Anyone considering using these heavy for cal bullets should be looking at an over-length magazine option.
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