The factory guns are/were VERY accurate rifles right out of the box. I think Remington was rather surprised by it all. Thinking of picking one up from one of the auction sites and re-barreling it into what I want (.243). Any problems doing something like this with the 788 action? Anything I should be aware of that could cause problems down the road or add to the cost factor?
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Go for it. There have been lots of customs built off the 788 and some very accurate ones. One thing I would not do is flute the bolt on one, with the rear locking lugs the bolt body handles all the rearward pressure to the lugs. Would also not remove any metal from the receiver for the same basic reason.
The main problem with the 788 is the bolt handle coming off, it is tac welded to the bolt. Have seem some held on with JB Weld after the handle came off.