Thanks for the advice guys. I think I will sand out the barrel channel, possibly refinish the stock(I have done several with true oil and really enjoyed it) and probably address bedding the action. I have never bedded an action before, I am kind of nervous to try, not sure if this is a good one to practice on...

......the occasional hunter wielding a hopelessly inaccurate rifle, living by the fantastical rule that this cartridge can deliver the goods, regardless of shot placement or rifle accuracy. The correct term for this is minute of ego.