Brad,
I kind of like that. I think I would tend toward a short action in 308 and add an inch to the barrel but that's just me. I don't bother with an open sight because I can no longer see them anyway! Even with an aperture sight, the front sight is bluury if the barrel is too short.
Is the forend on that Bansner shortened? Looks pretty good.
I just made up a short MRC with a McMillan Edge and it's a nicely configured stock though a bit spendy. Since I don't actually LIKE any synthetic stock, the easy availability and much lower cost of the Bansner makes it my first choice.
I brought forth my reasons for liking the Mauser for a hunting rifle but, in reality, more modern actions work fine too. Even a Remington is perfectly adequate! In fact, I have a short 700 which has been gathering dust for four years. I could use it in a pinch. GD