I have a 7600P in 308 and love it. It will shoot 1 1/4" groups (5 shot 100yds) with factory ammo with a 4X scope. I don't keep it scoped very much though because it is so handy without a scope and the ghost ring sights are great. What I did was put a weaver base on it and a set of weaver detachable see through mounts with a Leupold 4X scope. The mounts are easily detached and hold zero plenty good enough (within 1/2") when reinstalled, I just carry the scope with my kit and put it on as desired. The gun would probably produce tighter groups with a lower scope mount because of a better cheek weld but that is not what I bought the rifle for. The ghost rings are not as accurate as a finer peep would be but when you are shooting at a deer there is no real difference between a sight that allows you to shoot a 2 1/2" group and a 3" group and when you bring the rifle to your shoulder the sights are there. Where I hunt most of the time a shot past 100 yards is unheard of.
I have had zero problems out of my rifle. When it came from the box the trigger was much better than the standard 7600s I have dealt with, also the 7600P comes with a metal trigger housing as opposed to polymer on the standard 7600s, I don't know if it is really any stronger but I do like it better. The only change I have made to my rifle is that I use 7400 magazines because they will not allow you to close the bolt on an empty magazine accidentally. The reason I made this change is I actually used my rifle as a patrol rifle and didn't want to think I still had rounds left when I was empty. For a hunting rifle this is not really and issue. The rifle has quite abit of muzzle flash/blast due to the short barrel but recoil is very mild with the R3 pad. If you are looking for a quick handling accurate rifle, I think you will be well pleased with the the 7600P it is not pretty but it sure performs.