The American isn't at all bad for the money. And Ruger made a few upgrades to them also, for one thing the magazine has been improved, it now has a steel follower, something that Ruger did at no charge, and without being asked to do so when I sent one of mine in for a repair that had nothing to do with a manufacturing issue BTW. Ruger also replaced the stock without being asked to do so, and the new stock is more rigid and is flawlessly floated from the action all the way to the end of the fore stock.
I recently shot a 4 shot group that was just under .75" with it at 100 yards, and a couple other impressive groups, and that was with the stock trigger. Which the stock trigger has a bit to be desired. But it can be modified fairly easily for those with the skill. But I didn't want to dink with it and ordered a Timney for $130 from Brownell's, and am confident groups will be more consistent since my biggest issue was the heavy creepy pull I had to deal with.
OTOH, I wouldn't be at all hesitant to go with the Savage either. I like them, and they will no doubt tune up nicely, and they probably need a bit less tuning than a bargain American does.
GS