If you swap stocks to a 70 Featherweight style and squint a little, you can imagine what the Model 1920 might have evolved into.
Yep!
According to my handloading notes, I've owned 14 .250s, ranging from a very early take-down 99 to one 21st-century style custom rifle, built on a 700 action by Charlie Sisk. But if various factors hadn't killed off the 1920 (including the prejudice of the times against light bolt-action rifles) it might have ended up being another "classic."