G1 vs. G7 Ballistic Coefficients — Which Is Right for You?
G1 and G7 refer both refer to aerodynamic drag models based on particular "standard projectile" shapes. The G1 shape looks like a flat-based bullet. The G7 shape is quite different, and better approximates the geometry of a modern long-range bullet. So, when choosing your drag model, G1 is preferrable for flat-based bullets, while G7 is ordinarily a "better fit" for longer, boat-tailed bullets.

g1-g7