MSLRHunter did his right like mine except I installed a Jewell trigger, an Eagle stock pack and a Nightforce NXS 3.5-15X50.
I haven't tried the 208 AMAX but might soon.
My favorite load is the Berger VLD hunting 168 gr. using Remington cases, 83.5 gr. H1000 and Federal Mag primers giving 3160 fps. This load shoots 1/2 MOA as well. I have mine zeroed at 300 yards which gives me point blank shooting out to 400 yards with the Berger load.
Nice thing about the M700 5R is that it has a magazine that will take the Berger loaded the way it should be loaded. Wish my .308 5R and .223 5R were like that. These 5Rs are some fantastically good shooting rifles with the right loads.
Enjoy your rifle.