I've owned a couple Winchester/USRA 70 FWTs in 7x57, both with and without open sights. I think that they are nice rifles and the schnabled fore-end on the 70 FWTs is a thing of beauty that just screams to be chambered in 7x57!
Those that I had were throated for the old 175 grain factory loads, so shorter/lighter bullets had quite a bit of freebore jump to the rifling. I find the 154 grain Hornady SpirePoint to be a nice all-around medium game bullet in my bolt action 7x57s. I once had a rebarreled Remington 760 in 7x57 that would shoot "better than it should have" groups with the 154 grain round nose.
The thing is, if you buy this rifle, you'll probably be moved to buy a Tyrolian/Bavarian Jager hat and a hat brush pin to complete the European theme.
Jeff
PS: IIRC, the comb on the 70 FWT stock is not open sight friendly, so the open sights are probably more cosmetic then practical/useful, if that is an important consideration for you.
