I bought one of the first Rem 700s in .22-250 and it had a 1/14" twist. It loved 55 grain bullets, as did my second one. My most accurate loads used the 55 grain semi-pointed Sierra, but 52 grain Sierra spitzers were also very good. The rifles grouped handloads 1/2" at 100 yards consistently; best groups were 3/8".
Sixty grain bullets shot about 1 1/8 MOA, so I never used them much.
The rifles won more turkey shoots than any others around here. At one match, three different people shot the first rifle prone at 100 yds, resting on a log. That was about 35 years ago. The 6-shot composite group was under 1" and won 4 turkeys, I believe.
At another shoot (same conditions) and under a bet with the guys, the wife, who had never shot a centerfire rifle, and after a 4-shot practice session with the rifle in the morning; in the afternoon, shot a perfect dead-center pinwheel with it to win her only shot in competition.
To make it better, she was 7 months pregnant and had to lay on her side to shoot. Friends, it doesn't get much better than that! Unfortunately, her performance that day (and the subsequent razzing by other women), killed the program.