JMR: Model 7 action 2 lbs. 2 oz. Model 700 short BDL action 2 lbs. 4 0z. Many more after market custom parts for 700. Model 7 has 3 base screws (if I remember correctly) while the Model 700 has 4.
They went to 4 screws several years ago. The original model 7's did only have 3 holes and required one piece bases.
The biggest advantage the model7 has is the longer loading/ejection port even though the action is a little shorter. Makes it a lot easier to load/unload the rifle. I'm sure the 700 is the stiffer action and the better basis for a target rifle. I think the 7 makes for a better hunting rifle.
