My dad purchased his 788 in .308 win. way back in the early '70s. About 10 years ago, when I was 13 he bought a mdl 700 in .270 win. Gave the .308 to me. I wont let him have it back. He never got that .270 to shoot anywhear near as accurate as the 788 .308. My dad could drive tacks at 200 yds with it. Even myself, can produce 1.5-2.0" groups at 200 yds and just under 3" at 300 yards... with a relatively cheap simmons scope and 150 gr. soft core-lokt remington factory loads. It's old, battered and ugly, but its the sweetest firearm I've ever handled. Personally, I like the weight. It really tames out what little recoil the .308 has to begin with. I'll probably have the stock refinished this year(I know it can hurt the value, but the 7-8 yr old dried deer blood needs to go), and get a Leupold vx-ii to put on it. But otherwise, I wouldn't dare change a thing. Especially for whitetail hunting. Oh yeah, my dad had a lot of work done on that rifle. It's got about a 2-2.5 lb trigger with no creep and crisp clean break. It doesnt move untill adequate pressure is applied and then it just goes off. It's a great rifle.
The only reason I'm considering to get a new rifle is that my dad has fallen on hard times and had to sell his guns... So I figured I'd fix up the 788 and give it back to him for his Birthday in June. Thus leaving me an empty void to fill.