Michiganiac: I own four BLRs, all of which are older, steel receiver models. My 7mm-08 will shoot 1" groups at 100 yards (with handloads) if I do my part and this weekend I shot a 3" group with it at 200 yards, which pleased me given my old eyes and it 4X scope. I also have one in 358 Winchester, that I purchased new in 1981, that will also shoot 1" groups.
They would probably all shoot better if they had better triggers - all of mine have heavy triggers with noticeable creep. However, you never notice it in the field and they are great handling/carrying rifles, which is why I am so attached to them. A couple of fellows at my local shooting range thought I was nuts to take my 7mm-08 to Wyoming last year for my first-ever western hunting trip, but I knew better and successfully harvested a good pronghorn with it. No matter what is in the gun case, when it comes time to hunt, my hand simply reaches for a BLR.