Give the rifle to REDNECK, here on the fire, or do Pac-nor or Hill country rifles and turn that bad boy into a MOA stud.
This right here. I'd send it to a good M70 smith, not just any gunsmith, one who knows M70s well. Do it up right, IMO.
Infact, I have a LH M70 338WM on the way right now. It will go to one of our M70 guys up here and get turned into something else...:)
Good luck, JJ.