I bought my 1892 Krag in 1955,when sporterizing military rifles was the usual thing to do.Although it would be a prized collector piece,I chopped the barrel to 21 inch,reconfigured the stock,and installed a Weaver scope.
It was the smartest move that I ever made.It became my favorite firearm,and still is.For hunting Woodland Whitetails,it is as good as any,and better then most.
Today,opting to sporterize a Krag is a big decision to make.Money can be lost by changing anything from the origional.But you can consider this.Over the years,I've bought a 1903 Springfield Sporter and a Remington 700 270 for deer hunting.Both of them were very fine rifles,both were tack drivers,and both are gone,now.I still use the Krag.
Frank