I took the gun to a local gunsmith and he said it was good to shoot. The bolt had been machined and the extractor cut back for the larger magnum case head. After adjusting the scope it shot three into 1-1/4" @ 100. I then shot two at 300 yds about 3/4" apart and put it up after cleaning it (arm was sore). It seemed to shoot better the more I shot it.
My friend's 12 year old son had a 3 shot group of 1-1/4" at 400 yds. with his semi custom 308 (Model 70 action, Hart barrel, McMillan stock and VX-III 6x20x50mm). He outshot his Dad and his 7MM STW full custom (Nesika Bay action, Hart barrel, McMillan stock, and the same VX-III scope). The son was really puffed up on the way home telling his dad that that is what young eyes could do. Thanks for the help.