I had one (116) in 270 Win. a few years back and liked it. If you are going to get a new scope anyhow I'd opt for the gun only as it's about $60 bucks cheaper last I checked. If you weren't planning on adding a nicer scope or not planning on adding one soon then go for the package.
The Savage rifles are great, not as pretty as some of the others but pretty don't kill deer. You won't be disappointed with Savage accuracy in my experience.
The cartridge choice is pretty subjective, sure the 308 is cheaper to shoot but it also has more (not really much more) recoil. Get what you want there, both will do the job on most game. Cheap target ammo would be nice though.....