Ok, so the weekend didn't work out all the great for shooting this thing. Ran into another issue with it and only fired off one shot. I'm not sure how I missed it but the firing pin tip was extremely poorly shaped (as is the rest of the rifle) and upon firing the one shot, it pierced the primer!
I removed the firing pin and gave it a nice rounded shape then polished it and that cured that problem. While I had it apart I looked into why the ejector blade was binding in the slot and found that the ejector/bolt stop screw would twist the ejector box up when fully tightened. I have several M98 ejector screws in my parts bin and amazingly they thread right in. I selected one that was in nice shape and tightened it up and no more binding. It actually ejects well now. Feeding still isn't the greatest with only the last round feeding nicely but I may work on that some time this winter if I'm bored.
Now the big question. Does it shoot? Well I was actually really surprised at how well it did. Due to time restrictions (gets dark an hour after work) I only fired two 3 round groups but the potential is clearly there. Not only was it accurate but it put two different loads into basically the same POI. Can't ask for more than that. Now if it was only fit and finished well.......
Any way, the first load was surplus IVI 79. I've never been able to get this stuff to shoot better than 2" groups from any .308 that I've owned or own so I figured the rifle had potential even though the group was 3". The second group is from a load I developed for my wife's 788 when she used to hunt. It's made of Hornady 150gr Interbonds with a lower charge of Varget. Seemed kind of a waste throwing Interbonds out of this thing but I figured the lower charge would be prudent and I wasn't going to be shooting any of these out of my other .308's for hunting any way. As you can see it liked this load and fired it into just over 1.3" or so and that's more than accurate enough for hunting. I think this was more accurate than the 788 fired this load.
Pics:
Older vintage Bushnell Banner 4x mounted.
Pierced primer from the first shot.
IVI 79 group. 3.06"
Hornady 150gr Interbonds over Varget. 1.35"
So in conclusion, this thing is a piece of junk from a fit and finish stand point. Operation was pretty much non-existent, even dangerous with the pierced primers issue, when I got it. Feeding still isn't great but small amounts of work fixed the other issues. Strength could be an issue but I doubt it. Pressed and pinned barrels are used on all sorts of firearms and many with high pressure chamberings so I see no reason why this one with double pins shouldn't be more than adequate. The metal has been hardness tested in all the right places so it would seem it was made with some care in that department at least. It's functional and accurate enough for hunting but that's about it. Would I recommend any one buy one? No. Would I buy one again? No. Do I plan on firing a lot of full power loads through it? No. I may fool around with it a bit more and it has been an interesting project but there are far better cheap hunting rifles out there. For a couple hundred more than what these were selling for a couple years ago, you could get a Zastava and have 100X the rifle.
If I do go ahead with bedding, stock refinishing, and feeding mods, I'll update then but I have no plans to spend any more time on this at this time.