ORIGINAL: Red Lion

5744 is a good and very safe powder, but more of a starter powder than anything. I am not saying that you could not use and be completely satisfied, but there are other powders that will give better performance. I have been using the IMR 4759, 44-45 grns with MMP sabots and 250 SST's and getting moa @ 100 yards. I had heard that this load will get you about 2300 fps. I have also used IMR 4198 in the 66-68 grn range with the same bullet, sabot and subbase, but it has a stout kick and I was having sabot shredding in warmer, over 50 degree weather. This load will get you in the neighborhood of 2550 fps.
I posted the best link regarding Savage ML specific issues, questions guidance in case you have not already been hitting it, as you will get any and all questions answered there.
Good luck and have fun.

http://dougva.proboards34.com/index.cgi?board=Savage