I have a Model 700 Mountain Rifle in 7mm-08 that I purchased the first year they made that rifle in a short action, I believe 1988. I had a local smith glass the action not long after I bought it and he asked me if I wanted him to float the barrel, adding that if I did not like the way it shot, he would replace the pressure point. With it floated, that skinny barrel will put 140g Nosler BTs literally into one ragged hole at 100 yards and even 140g Partitions into a nickel all day. As hard as it is to believe, there was a down side. That slim stock, for a better word, is flimsy. Pull the stock from your action and holding it by the pistol grip, notice how easliy the fore end can be moved. I found that I had to be very careful about how I put pressure on the fore end of the stock. On the bench, this was not much of a problem, but in the field was another story. Lean on or against something for support, prone position, basically any way that caused me to firmly grip the fore end and it would cause the stock to twist enough to contact the barrel and change the impact point. I eventually fixed my problem by going to one of the composite kevlar/fiberglass stocks from Remington's cusom shop.
Brian