I like it, solidly a Fudd myself, pushing the globalization of Fuddism. 7x57R will just suit this little No.1 right, another concern I had with the .300 H&H and the long barrel was the larger fore end required to make it look "right". I want to keep it slim and trim, especially given how sleek the No.1 is to start with and wishing to run with that, and the fore end shape I have in mind (a slim, slightly tapered No.1A style with no Alex Henry cut). As I want a takedown with this, a short 20" stainless carbine suits a takedown better than a long .300 as well.
The 12 sided / dodecagon blank I have is just icing on the cake, I laid it alongside the stocked action and it was "it".