That definitely works with stiffer stocks. The problems I've encountered are with the more flexible injection-molded stocks on Vanguards--which is where bedding the rear of the barrel tends to help.
One of the most accurate factory big game rifles I've ever owned was a Weatherby Vanguard Sporter with a walnut stock--which had semi-fancy wood which was very hard, especially for Claro. All I did to it was epoxy-bed the front of the action, and with 100-grain Barnes TSXs it would regularly put three into around 1.5 inches--at 300 yards.
