I'll agree with that and add a little to it. A trued 700 action if machined properly will be just as true as a custom action like a Defiance, Borden or Stiller. What it won't have unless you pay extra for them is a side bolt release and a Sako or (preferrably) M16 or mini M16 extractor and a one piece bolt (no risk of bolt handle snapping off). Once you consider the extra cost of those things you are at pretty close to the same $ as a custom action and the trued action won't have the resale value as a custom action.
Having said that, a trued 700 action and a quality barrel, stock and bedding job along with a tuned trigger will most likely shoot lights out and do anything you ask of it. Just my two cents.
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