H4831 has made a lot of accurate observations that are very true. The Lawyer's are the only ones who truly benefited in the end. Should "guido" sell off everything and by a pre 64 M-70? probably not unless you really want to. There are still a lot of good modern guns out there that all go bang when the trigger is pulled. It is just that many of us prefer the older ways, methods and look. Kind of like collecting old cars from the 50's and 60's.
Personally I have always liked Winchester guns, as my Dad had several and I was brought up hunting with them, M-12, 94, M-100, M-70, all 1950's vintage. After the production change in 1964 they did make a lot of crap for several years until got things figured out. But they still continued to turn out some superb high quality models now and then such as the 94-22, and the SX-1 shotgun which eventually once again fell by the way side due to very high production costs.
The Remington folks figured out and perfected the mass production stamped gun part thing years before Winchester, they also offered a far greater product line. You can buy a Remington gun in almost any configuration you can think up at a reasonable cost. They appeal to the working mans budget and the quality is just enough to handle periodic use during hunting season. Folks tell me there quality overall has worsened in the last several years. None the less, Remington still appeals to the average Joe and turns a profit.
At present Dad's guns are for the most part retired in the safe. The new M-70's are in my opinion some of the best they ever made, I have several, and really enjoy using them. The over all quality is very high for this day and age for the money. I have tried on several occasions to like the synthetic/stainless configuration as I can certainly see the practicality, but I just can not do it. There is something about a nice piece of wood and good rich deep bluing that gives one that warm and fuzzy feeling.