Just to wrap up my thoughts on this whole deal:
1) I am a fan of the M700 platform. I bought this SPS Varmint rifle, knowing it is Remington's M700 'value' package. So I was prepared for a bit of roughness in the action.
Just didn't expect the screw issue. Which in hindsight, it was cross-threaded.
2) So even though I criticize the manufacturing/assembly quality control, I'm still excited about what this rifle can do. M700's are almost always tack-drivers, with some tweaking.
3) I bought a Bell & Carlson SA A2 Varmint stock, which I've mounted the action in. I put a Bushnell Legend HD 4.5-14x 44mm scope on it, and I expect it should do some good work for me.
I've also ordered a new bottom metal, hinged floor plate for it, made by Williams. When I get that, I will post some pics of it.
4) I'm a butthead!! If I had looked at the one-piece Leupold base, when I got it, I'd have never touched that screw (which of course then I'd never have learned there was an issue with it either...).
But the truth is, there was never a need to remove it... doh!!
5) As frustrated as I was with that screw issue, I bought the rifle to go coyote hunting. Turns out, I don't have the #6-84 tap, to chase the buggered threads, so to heck with it.
I mounted the scope last night; lapped the rings, and got about the most perfect scope ring contact I've ever gotten, when lapping.
6) Next step, the gun range to get her sighted in, and then I will take it and the Foxpro out this week.
Thanks to all the great suggestions also, on how to get that bloody screw out.
Cheers.