I guess you missed the posts by Busta:
http://www.gboreloaded.com/forums/index.php/topic,248363.0.html http://www.gboreloaded.com/forums/index.php/topic,248528.0.html I would say this is a pretty good deal. I understand what your saying but, where else could you buy a rifle and if you don't like the look of the furniture, just go to the classifieds and purchase new one. Also if you don't like the length of the rifle just cut it. Do you think you would even think about doing that with a more expensive rifle? You can, unlike with bolt actions, with a little mechanical know how, do your own trigger work, and repairs, . Don't feel like taking your rifle out today, how about taking your shotgun? Just change the barrel. As you pointed out, the ability to easily change calibers at a fairly inexpensive price (sure beats the T/C's), is another reason for owning Handis.
Back to your OP, I think that H&R is trying it's best to produce a quality product
and at the same time make a profit. If they wanted to produce Handi's at a lower price point, I think they would have to move most if not all of their production overseas for that to happen. If you shop around you can usually pick up a Handi at a price of around $200.
You also have to consider that the Rem. 770 & Axis 110 are the base line rifles for Remington and Savage, comeonly in a limited number of chamberings. The Rem770 comes in seven calibers (243, 270, 7-08, 7mm, 30-06, 300WinMag and 308). The Savage Axis 110 comes in eight calibers (22-250, 223, 243, 25-06, 270, 30-06, 308, 7-08). Not a bad selection, but if I wanted a bolt action, I would buy either the Rem 700 or the Savage 110 (which I did).
I just like playing with Handis.