oh you don't know how good of a deal you got! I have a stevens 200 in .223. thing shoots like a dream. It hits subMOA no problem and when i really do my part can take coyote up to 200 yards offhand. as reliable as I'd ever need.
Issues commonly faced: People dont' like the stock, it's pretty flimsy - they glass bed it or buy replacements (still shoots where i want so i dont care!) . every so often someone gets a rifle that has a light feeding issue that can be fixed permanently with a tiny tug on the magazine box lip with a pair of plyers. no biggie. other than that... it's all the rifle i'll ever need. I'm not going to pay 1000 for a name on my rifle when i have a workhorse savage. these are phenominal i can't say that enough.
take a gander at
http://www.savageshooters.net/savageforum/
for a community based on all the savage rifles. Greatest forum I know of. nice, helpfull, filled with enthusiasts. You should get in touch with them and ask all the questions you want. you have plenty of modding to do if you want! it's fun!