It's a good sporting rifle, but it is a sporting rifle. I dunno anything about the action they use, but its a sporter weight barrel thats gonna whip some, and heat up quick. Like Jeff said, 2 moa. Cool for shooting a deer at 300 m and cheaper than a BAR.
I never fired a 7400 but when I was too young to own a rifle I would borrow my brothers 7600...Thats pretty well the same rifle, but pump action. Like Jeff said, 2 moa.