Based on the earlier info and the rarity of them, I would say you were in the right place at the right time. Congratulations. Considering the intended purpose, the action has likely been squared up nicely when assembled and should require no tweaking on your part. Worse case scenario, the barrel may need to be set back to provide a fresh throat, depending on the barrels prior life. Even if it needed to be re-barreled, you got a bargain. Not sure what you have in mind, but it would be a great f-class or varmit rifle as is. At 12#, I believe it would fit in the lighter bipod category, but don't quote me.