I recently finished my 1st 223 AI bbl - a 26" Krieger 1:7tw in sendero/Rem varmint contour for a new M700 action from Brownells. I trued the action, bushed the boltface, put a Holland lug on the bbl, then added a Jewell trigger, EGW 20 MOA sloped base, and bedded it in a McM A5 that was inletted for RD DM BM. Finished it by adding a Vortex Viper PST 6-24x50 in TPS TSR rings, and am having a blast with it.
The 7tw does a fine job of stabilizing Berger 90s - both the discontinued LR BT, and VLDs. Shot a LR steel match with it this past Sunday, and got hits on both the 1300 & 1400yd targets. No sighters, two shots for score - I used data printed out from the Point Mass Ballistics Solver that came with Bryan Litz's 2nd edition of App. Ballis. for LR Shooting. No, the Vortex PST's optics aren't on the same level as NF, S&B, etc, but it cost less than 1/3 what they do, and the clicks were pretty much dead-on. I ran out of internal elevation for the 1400yd target at 53.25 MOA, so held over with the 5 MOA hashmark on the vertical stadia, and got a hit. My cheat sheet called for 58.88 MOA up from a 100yd zero, so I'd say the Vortex clicks and reticle are pretty accurate.
As far as re-chambering a used factory barrel just for fireforming goes - with the current bullet price & availability issues, I wouldn't even consider it, unless that particular factory bbl was pretty darned accurate. If it is, then yeah, go ahead and shoot it. But with the current bullet price & availability issues, don't assume you're going to need to blast away just to get brass fireformed - I'm getting accuracy plenty adequate for 1000yds with FF loads using quality components. If there were more matches within easy driving distance, I'd fireform as much of my 223 AI brass as possible at matches.