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I want something that is cheap and will perform well.
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Well in that case, get the rifle, but forget about the 300 wsm. Ammo is expensive compared to the more normal calibers like .270, .30-06, and 300 Win Mag. Rifle is great for the money, but I wouldn' t call it cheap either.
If you' re wanting a good, inexpensive rig, check out the Howa 1500 in any of the calibers I mentioned above. You can get it and a good scope for about the cost of the Tikka alone. But don' t get me wrong, I love the Tikka.