i dont consider the 24" barrel of the wolf short, but with the action its shorter than any bolt or pull-cock action therefor helping keep the overall length down. before doing any mods to my wolf, i was shooting 777 and short black mmp sabots with 250 xtp an had great results. started shooting conicals and found same great results, and since i dont like plastic its all my wolf shoots now. the cheap stock feels and sounds hollow, so with leaving room to get to the bolt i filled the rest so it doesn't sound so hollow and added some weight to balance it. the trigger used to break at about 9lbs and i have it now at about 2.5lbs. also added sort of a monte carlo cheek piece on the stock and painted it black to match, looks better and more comfortable to shoot. lastly, i bought a couple extra breech plugs, left one as original, then modified two for 32 s&w short cases. lastly, a trick picked up from the H&R guys, i added a rubber o-ring between the barrel and forarm to eleminate that contacting the barrel (i've also removed the ram-rod holder from the barrel). pyrodex p is my fav powder with this gun as well..
for 165 i'd get another if i didn't already have one. to put holes in paper, or even for basic needs as you list, im not sure you can go wrong with this.