i bedded an inch forward of the lug i believe. then back to the tang. I am sure someone alot more knowledgeable will chime in, i watched several youtube videos and read a couple m700 specific howto's for mine.
it tightened up the groups on mine after I did. best group so far is 5/8" @ 100 yds with factory barnes loads. it'll damn sure shoot better than I can.
Dave