My brother got a 700P MLR just before christmas, and a box of Lapua 250gr Scenars to try it out with. Really works nice. I haven't shot anything with a break before this rifle, but I think the break works just fine. Recoil is tamed down to roughly below that of my 308 target rifle. Mag is pretty handy too.
He is now saving to get some nightforce glass for it, and a set of farrell rings. We just set it up with a 5-15x50 3200 bushnell, just to get it out and give it a whirl. The only thing is, at $7.50 a round, we were not to keen on just blasting away, so we only shot 4 rounds