It's a good starting point. You could take it apart and sell off the barrel, scope, rings, bases, and stock. Take the action to a smith and have him give it the treatment of accurizing the action and trigger job. Buy a good quality barrel, rings, base, and scope, and stock and your good to go. OOOOR you could just buy a Savage.
I'm partial to Savage, but the ADL platform is a good start.
"Enter through the narrow gate. For wide is the gate and broad is the road that leads to destruction, and many enter through it.  But small is the gate and narrow the road that leads to life, and only a few find it.
If you find your self in a fair fight, your tactics suck!- Marine 1st Sergeant Jim Ryfinger
Friends don't let friends develop canonitis!
arguing over the internet is like the special Olympics....even if you win, you are still...special!