Well the price is good. Might want to look this gift horse in the mouth, and then get a second opinion.
I have a very early stainless controlled round feed short action M70. My experience has been dismal.
I spent $1300 in turning this action into an across the course rifle. The lugs were trued, the receiver face was trued, the action clip slotted, drilled and tapped for match sights. Then it turned out the action will not reliably feed 308 rounds from the left side of the action.
Turns out that the right receiver rail is “scalloped” just on the feed ramp. This is a factory defect. As rounds on the left go into the chamber, they sort of pivot right before they pop out of the magazine and go into the chamber. They are limited in the amount of pivot by those receiver rails. With a tiny amount of metal gone from the right side, the occasional bullet tip goes deep into that scallop, and the round is pointing more right than needed when the rest of the cartridge pops out of the magazine. What happens is a timing phenomena. The round is pointing so much right that it does not straighten out in time to clear the extractor cut on the end of the barrel. With the result the bullet tip jams in that extractor cut.
This problem cannot be fixed, and since the action had been modified, the factory laughed at me. No joke, customer service actually laughed at me. Might I say, I am glad that they were all sacked. Hope you had fun in the unemployment line boys!
My brief experience with this stainless action also showed me that my bolt lugs galled. It did not take much of an overlong cartridge to get galling. I just lubed the heck out of my lugs, and that reduced galling, but did not prevent it.
I took the Krieger barrel off that action and purchased a new chrome moly classic M70, short action. Started all over again and had that action built up into a target rifle. That action was built right, and I love it. The moral of the story, you buy enough M70 actions, you will get a good one, eventually.
The old Stainless action, I had the original 243 barrel installed on that action. And guess what, going to a smaller cartridge just worsened the left side feeding problems. Instead of the occasional round jamming in the extractor cut, all left side rounds jammed into the extractor cut.
What to do, what to do.
Finally had a heavy barrel in 308 installed and I plan to use the rifle F class. Since you only shoot single shot, hey, I got all this money in this blasted action, what would you have done?
My recommendation, examine the receiver rails, reject the rifle is there is any material removed adjacent to the feed ramp.
And be aware you might have lug galling with stainless on stainless.
