In my opinion, it is a waste of time trying to inlet a stock for a perfect fit. For one thing, no matter how skilled you are, you won't be able to do it. Plus, the wood is succeptable to warping and ruining your 'perfect' fit, even if you get one.
My recommendation is scrapers, inletting black, a Dremel tool with course cutters made for wood. A few files and rasps, and then, Bedding Compound. There has been a lot of good things said about Devon Steel bedding.
A set of alignment guard screws is a necessity. You don't need to hog is out with a chainsaw, but by using bedding compound, you don't have to be all that precise, either.
