That looks like bedding to me. And the crown comments are good. If you have access to a borescope, look at that crown...from the inside. I've recently recrowned two Savages barrels, on new guns, because some moron at the factory had run them on a 60 deg. center, in a lathe..and pushed a ring of metal right back into the bore! You might try putting some pressure under the barrel, out near the forend, to see if it shoots better that way; if it does, according to Shilen, that is proof that your bedding is not good. A matchbook cover, whatever...