I was looking at 700's and bought the T/C Icon instead. In my hands it's a more accurate rifle. Of course the 700 has an almost unlimited number of after market products so it has a HUGE advantage over my Icon, but IMO the Icon's far better 'out-of-the-box' than any 700 I've shot. T/C calls it a match grade barrel and it seems to be, to me anyway, at least better than other factory barrels. True match grade? Don't know, haven't shoot enough to be able to tell, but it is a high quality barrel, probably higher than the 700.