bountyhunter.....suggest you take a look at the Marlin XL7 in 30-06. Inexpensive and should be accurate out of the box, as the say. Have one in 25-06 and it was accurate out of the box. Has a nice adjustable trigger too, something the inexpensive Stevens 200 or Savage Edge/Axis rifles does not have.
I agree, that sounds like a sweet deal. But, I don't think that kind of find is a common occurance. And, I don't think the 770 is a "bad" gun; it's just not as good as a 700 in some ways. If the OP is looking for a reliable and accurate 30-06 to get into hunting and/or shooting for a low price, then I see nothing wrong with the 770. If he wants a gun to build upon, then something like a 700 makes more sense.Earlier this year at a local estate auction someone I know bought a Remington 700 with a Leupold for 425.00. No paper, no tax, cash out the door. That is a much sweeter deal and much greater value than a Remington 770 with a junk scope for 300.00 plus tax and transfer. Good used beats bad new in my book every day. Don't rule out the auctions.