For a reasonably priced rifle (and even for what they go for now), you cant beat the FR8's. Accurate, reliable, good sights, stripper fed, and you usually dont need to do anything to them, other than maybe clean up the stock.
Personally, I like the straight bolt handle, but I know a lot of people cant stand them straight. Once you see the light with them straight, youll understand, and wish all your iron sighted bolts were.
Ive had a couple of them since the mid 90's, and they are great rifles. We were gretting them for about $110-140 back then, these days, i think $400 is more likely.
If you look at the SMLE's, Id make sure you shoot it first. I had a couple in .308, and they were trouble. Headspace issues, mag issues, extraction and ejection issues, and a lot of fiddling with no real results. They did shoot OK though. If I were to do that again, Id get them in .303.