VarmintGuy,
I built a similar .280- mine on a 1949 vintage M70 action, with a 22" stainless PacNor barrel, and Bansner stock, painted by Rick Bin. Scope is a Leupold VX3 2.5x8.
With Federal Vital Shok 140 gr. Accubond ammo, it's a sub-MOA shooter. With my handloads, it makes ragged one-hole groups at 100 yards. Accuracy is way more than acceptable!!
In fact, I've given my custom 7mm Rem Mag. to my son, for elk hunting- I really don't see the need for it anymore.