You did good mpd... grabbed it before I could post. We've got an old 78 here in 30-06 that has killed a pickup load of game and stays on a 3" dot at 200 yards, with boring regularity. I used another 78 years ago, in 270 Winchester, that was just as good as this one.
As nearly as I can tell, he main differences between the 78, and 700 from the same era, are:
The 78's walnut-stained birch stock
The 78's plastic trigger guard
The 78's matte blue finish
The 78's absence of factory-drilled holes for receiver sight
To me, these are minor things; and I won't own a rifle that don't have iron sights. I believe you got your money's worth and then some.