I'll call BS too... That's not completely unlikely - I'm sure it may have done a few small groups. Sometimes the fliers go into the group. HOWEVER, for it to consistently shoot like that... I most sincerely doubt it.
Not world record - world record is considerably smaller...
Hmmm... Of course, maybe the fellow is talking about shooting 3 shot groups. Or 2 shot groups. Or just "throwing out" the fliers...
Sigh.
Guys, it's about consistency. SERIOUS consistency - not the group you carry around in your wallet to show the guys at the gun store. I'm talking about the stack of targets in the trunk of your car.
If you want a good target rifle, seriously, give Bob at Shooters Corner (via benchrest.com) a call. He'll hook you up. It may not be painted black, and more than likely, it will not have a springy bouncy bipod bolted on, but it will shoot.*
And before you discount the ballistics on the benchrest guns, check out the numbers - I usually run my 6PPC at around 3425ish with a 68 grain bullet... Welcome to the land of custom actions, custom barrels, and putting five shots through one little bitty hole.
*At your local gun store, if you ask someone "Will it shoot?" they'll reply in the affirmative, and tell you that it'll hit a deer every time.
Talking to a benchrest guy, if you ask "Will it shoot?" they'll think a moment, and then give you a rundown on potential group size - and if it has a potential of agging between 0.25" and 0.35" they'll tell you that it'll make an excellent varmint gun, but they wouldn't really recommend it for competition.
If Bob White from Shooters Corner says something "will shoot," then you'll likely be pleasantly surprised.
And a LOT of benchrest gunsmiths built/build varmint guns.
Dude, where do you live - gotta be somewhere in the area interested in "target" shooting.