This is the formula I used for a 338-08.
(Actually, it was a little more convoluted than this, but this was how it ended up)
Rem 700 S/A.......................$300
Pacnor Custom contour........$525
Rem Ti takeoff stock............$160 (IIRC)
Bedding, paint, light pad.......Priceless.......(done by me)
This rifle is 6.0 lbs w/Leo 4x32 in Burris Zee rings. Recoil is stout, but not excruciating. I'd say that this rifle with 250's is the max I want to shoot regularly. With 185's 200's 210's it is not bad at all.