I recently picked up one of these Cabalas specials in 30-06.
I have acquired a number of Remington and Springfield 1903/A3's both sporters and originals so I have a good set up for reloading. I shoot them a lot, mainly informal target shooting and some hunting.
That said, I wanted something more geared toward target shooting and potentially, long range hunting. The Remington 700 LR at Cabalas seemed like a good fit.
I picked it up, put a rail and scope on it and took it to the range. Setting up a target at 50 yards with a nice 3'' dot on it, I took out the bolt and did a rough bore sight and scope alignment. The first shot went through the center dot. I ran a couple patched down it and shot 2 more, again, center dot. After another patch and a total of 5 shots, all through the center dot, I moved the target to 100 yards. Again, 5 in the center dot, 5/8ths group. Needless to say, I am impressed.
Granted, these are hand loads, but regardless, it's one impressive out of the box rifle that will shoot like that. I shot loads from 125 gr up through 180's, match and hunting types and all shot less than an 1''.
I will say, these newer guns are not quite as smooth as the old classics, a bit rough feeling is the best word I can think of. They are configurable and you certainly could modify them to your hearts desire. You can also spend a ton of money on them if that floats your boat. I think this particular model is a bargain. The Savage rifles are probably the next closest and with the easily changed barrels are not a bad option.
These guns are heavy at 9 lbs and gain weight with accessories but if you think about it, soldiers carried that and more with a 1903/A3 during the wars.
Caliber choice is limited in the line, 300 Rum, 300 win mag, 7mm, 25-06 and 30-06. I went with the 30-06 because it can shoot from 100 gr all the way up to the 200+ pills and do it well. The magnums are fine but I don't particularly find them all the fun to shoot at my age anymore. The 25-06 is interesting but a pretty narrow selection in bullets.
A couple observations...The throat is longer than all my other 06's with the exception of a Smith Corona. It's impossible to seat the lighter bullets out far enough to touch or nearly touch the lands. Same thing with some of the 165's. On the other hand, they have a generous mag and you can seat out to 3.36 or so easily.
The trigger is another area you will find either you like it, you don't, or you can live with it. I find it's just ok, not great and doesn't seem to adjust all that much. I will replace that in the near future.
All in all, I'm impressed with the gun and I don't see where you could do much better at this price point.