I defer to Jim's experience, but the .17 Mach IV (essentially the same cartridge as the .17FB) never had problem with ejection in the 700.
FWIW, I have a Kimber of Oregon .17 Remington, a Cooper Varminter .17 Mach IV, and a Savage 93 .17HMR. IF I was to get another .17, it'd be the .17 Hornet as it is economical: 20gr. bullet over
12.0grs. of AA-1680 gives ~3600fps.
George