Best value rifle I ever bought!
I bought the fv-sr to host a Liberty Kodiak TL can I'm waiting for, and it has become my favorite gun!
It easily outshouts my 10/22 which was always very accurate. For the features it has (bull barrel, threaded, picatinney rail, adjustable trigger, and free floated barrel) you really can beat the price ($250 out the door for me).
The stock is not very nice but it works just fine. For $100 you can get a boyds tacticool stock which is larger and more solid feeling.
The more expensive target model is (according to several range tests I've seen around the internet) not worth the extra money. It has the same barrel, only slightly longer, and with .22LR going above 16" doesn't really give you more velocity anyway so its so surprise they are both just as accurate, the target model is nicer looking however.
In short, you won't find a better performing rifle in the same price range. If you prefer a more solid stock or the nice wood/stainless look, you can pay more for the target models but you won't get any better performance.