Interesting about the 7.62 Tokarev, i would certainly be interesting to see it's performance in ballistic gelatin.
As for the .303Brit, i think everyone in the commonwealth knows, you shoot something with a "303", it ain't getting back up. I've taken my (legally still my dads, for the moment) Longbranch No4 MkI and sporterised Lithgow No1 MkIII on many hunting strips, and i've found that while military FMJ's aren't the best on game, if you hit a vital region it'll die fairly quickly. That said, i actually don't like the the FMJ's as to my experience they have a tendancy to wound game more often than an outright an on-the-spot kill because it doesn't fragment or expand before exiting (experimentated on adult male goats, broadside shots), which unless you hit the heart itself, the goat will at least run 50m before expiring. Personally i prefer heavier boat-tail soft points, they give good accuracy and wind resistance out past 150m (i won't shoot beyond that), and on impact they expand rather violently and even if there aren't the right vital organs hit to warrant an instant kill, the sheer shock of the hit is often enough to drop them on the spot.
Since we're talking about military ammunition though, SPBT's don't really count, but i'd expect (without seeing any gelatin tests) the MkVII .303Brit ammo to behave somewhat like a strongly constructed 7.62x51 FMJ - that being a projectile that goes through the body and exits without too much yaw and very little damage so far as the permanant wound cavity goes.