I currently have one in .308, but I have put a few of them together in the past. Good action (some can be a bit clunky, so feel it before buying) and barrel for the money, however, the stock is lacking, IMO. Even with the reinforced skeleton, there is still a lot of give in the forend. A B&C or Mcmillan is in order to wring the accuracy out of it, at which point you are approaching an off-the-rack PBR in terms of money.
The good thing about those Hogue 'SPS Tac' stocks, though, is that they will sell on Ebay, so some cost can be recovered.