I bought my first Vanguard awhile back, mostly just out of curiousity to see what I could do with a $400 rifle project-wise. Ended up with 8 of them somehow, with somehow loosely translated to "Buying them for $325". The projects were just bedding them into Boyds stocks and a little do-it-yourself trigger massaging. Truth to be told, they didn't need the stocks either but a Boyds prairie hunter makes them come alive for 100 bucks.
I was impressed enough by the first 6 that I got two S2s in the Lazerguard stocks with gleaming walnut, polish and blueing that could easily be used for signalling spacecraft. The basic platform is so good, works so well and consistently shoots so well that paying Weatherby/Howa a little extra to finish building it seemed in order. Did I mention the 1" guarantee?
A few design features that may or may not matter to you are a flat bottomed forged action with integral recoil lug and one piece forged and field strippable bolt. Things like that are a holdback to an early time when it was more important to make things right than to make them cheap. The bottom metal is a bit cheesey, and it is possible to break the bolt-stop screw if you try, but you can't have everything.