Mine was a 700P in .308 that started out looking like this. I bought it used With a tall, nonswivel Harris and a Simmons. I replaced the Simmons with a Super Sniper, and eventually with a Leupold. I still shoot a couple Super Snipers.
Over the course of time it transformed into this. I shot the barrel out and had a Broughton installed, put a DBM in to help in matches, and had the stock dipped to get rid of the old, well beaten krylon. Shot great before and after the mods. I finally sold it earlier this year to buy machine equipment, and now I can build my own rifles.