Hmmmm. I dont know about that. If doing all your own work, that might be slightly true if you dont consider your own time worth anything.
If suggesting anyone can have it done by a gunsmith, that statement is absolutely FALSE.
Action: $350-$400
Complete PTG bolt: $240-$350
Side bolt release installed: $100
True action and lugs: $200-$300
True factory recoil lug: $40
Total: $930 to $1190 depending on the bolt you buy and who you have do the work.
Then if running a SRP cartridge with hot loads, you better get the firing pin turned and bushed or you'll run the risk of blowing primers. That's another $100.....
Could have had one very nice custom action for the same price or less. All those
Will a 700 compete with a custom? Yeah its possible on a good day. But will it be as nice or as strong or come competition ready to rock out of the box? No, absolutely not.
Again...it takes time and money.
Why waste all that time and that amount of money when you can buy a full custom action? I guess a person can lead a horse to water, but they cant make it drink