I asked the same question a while back and was told it is a lever gun with generic wood and brushed barrel instead of polished made to be sold by Wal Mart. I cleaned up the trigger on mine and with Federal Premium I can regularly get 3/4 inch 5 shot groups at 100 yards. It has taken several deer and is with me in the woods each fall. I got mine for $75 from a neighbor who was moving.
I saw one at a gun shop a while ago that was priced higher than a 336 with a Williams peep. Gp figure.