ORIGINAL: Red Lion
Savage makes awesome rifles regardless of the price. The synthetic stocks are not the greatest by any stretch, but otherwise top notch. CHEAP is only really true for them in regards to the cost of shells you will have sighting in compared to other brands.
I second that, my Savage Model 111 .300 Win Mag loves the Federal PowerShok ammo, it shoots about 3/4" at 100 yards with the 180 Gr. PowerShok.