Absolutely! You may not make a match grade target rifle out of it, but you can make it shoot VERY well and reduce bore fouling tendency to a minimum. Many which appear to be junk when one looks down the bore are easily lapped to produce accuracy at least equal to new military barrels. For example, I lapped a Springfield 06 with so much rust in the barrel that rifling wasn't even visible. After lapping it would shoot full power cast loads into 2 inches, using the military sights. New barrels of any make, military or commercial, are improved by fire lapping with the LBT bore lap kit. Please turn around and run fast as you can from any company selling lap charged jacketed bullet or recommending the use of jacketed to lap barrels, or anyone that promotes use of multiple grits to lap.
Here is why. We want to remove minimum material from the bore and throat. The object is to only smooth it and remove constrictions etc. Therefore, the abrasive compound MUST be the finish compound. I specially formulate the LBT compound to smooth roughness and constictions rapidly as possible with minimal throat wear. Order a lap kit by going to our website LBTMoulds.com One kit, which is only our special compound and VERY detailed instructions, is enough to lap up to 100 rifles or perhaps 50 revolvers, depending on amount of lapping required. What I'm saying here is, your cost will only be pennies per barrel, and the small effort will upgrade them to produce far better accuracy.