the 783 in 308 that I have is very accurate.
Solid steel magazine
Stock has a limb saver recoil pad.
Barrel is freefloated
feeds flawlessly
cut coils off trigger spring, now 1.5 lbs
Floating bolt head has an excellent extractor
Barrel interior finish is better than any Savage I have seen with a Hawkeye bore scope
Very short firing pin fall which equals very fast lock time
Barrel shank has some meat on it like the old 788's
Many people think that the 783 is the 799, tremendous difference between these two guns.
The 783 recoil lug only has .0003 variation in the lug thickness
I don't know how anyone could say that an axis or an American is a step up from the 783 in terms of quality of machine work. I have shot the 223 and 308's, and with hand loads they are both very, very accurate.
No flies on the American or Axis in how they shoot, but if you have not owned a 783 and worked up loads for it with a good scope, you should limit your comments.
A buddy took a 783 in 308, bought a Boyd's stock, detachable mag group, had a 6.5 Creed Krieger installed that is 29" long, and the rifle shoots in the 2's with no Truing done to the action. An action has to be very rigid to support a 29" Light palma contour.
A benchrest gunsmith over on Accurateshooter.com talked me into buying a 308 in 783 or I would have never touched one, He is a hog and deer hunter. Ggmac told me that he has 12 custom rifles on the 783 and all of them shoot bug holes with custom barrels with no action work. This gunsmith has been building custom rifles for over 30 years. Ggmac said that the 783 was machined more true and the firing control was better than several of the custom actions on the market at this time.
My 308 with 125g accubonds shoots like a $3000 rifle, and the only thing that I have done was cut a couple of coils off the trigger spring.
PTG sells a PPC size bolt head and I am thinking of buying another and making a 6.5 Grendel on the action which Ggmac encouraged me to do.
Entry level rifles have come a long way in the last 10 years.
I have an American in 223, shot maybe 100 rounds if you are interested in purchasing.