Flynavy- I understand where you are coming from with the ballistics of a 5.56 vs a 7.62x39. I know that the round has the tendency to become unstable and cause trauma inside the body (much like the Soviet answer to the 5.56, the 5.45). The thing I was referring to though, was the energy upon impact (stopping power). I was just reading a ballistics chart that said at 200 yds, the difference in energy is 150-200 ft-lbs. The 5.56 can and will be lethal especially when it is in areas that are usually wounding areas, but the ability to stop an attacker now is more important when defending/attacking a position.
The best story I know is a Marine who fired 8 rounds into the chest of an attacking Somali, and he said "it looked like he was being shocked with electricity, but he kept running."
You have a good point about the ballistics, but I think it can be argued either way. The best hope is something like the 6.8mm? that is in development for the M16.