Bigger, heavier and battle proven means just that - heavier ammunitions, weapons and logistics. M-1 Garands, M-14s, M2HBs - all good, but take a lot of support.
I guess that if you're going to have your soldiers work with arms limited in some fashion they need to be backed up by other support (close air support, etc.). This sounds like they didn't have that and were caught in an untenable situation.
I wonder if there was any air support?