I am working on a LH 7x57 right now. The barrel and action are a great deal for the price. Very well blued, no plastic parts. Action is smooth. All of the ones I have had shot under an MOA with factory ammo, after the action was glass bedded. The guns weigh just about exactly 7 LBs, so they are pretty light to start with and you can easily shave a pound and a half off them by just going to a lightweight synthetic stock and aluminium bottom metal. The trigger is completely adjustable.
The stock is nothing to write home about but I am going to completely reshape it into a English Stalking rifle. Link if you are interested. I will post pictures as I go along of the bedded action and the stock reshaping.
http://www.outdoorsmenforum.ca/showthread.php?t=335045