Some guys get too wrapped up in the initial cost of the rifle and base their reasoning on that. In reality, you'd be better off with the American action than some of the others commonly used for custom builds. I'd choose it over the 700 for example, although someone will be along shortly to declare that heresy.
They do use a barrel nut like a Savage, so that's a plus, and that big thick bolt is a good thing. I'm sure you could have it fluted if you want. Triggers are easy to improve on these with a little work, or replace with aftermarket. Stocks and chassis systems are becoming more available.
I don't think "helical flute" goes with "good and cost effective" though when it comes to barrels. For whatever a fluted barrel costs, you could spend the same money to get a better quality unfluted barrel.
