I have the 700 SPS in stainless, and it's a great shooting rifle. Mine is a 30-06. $300 is a very good price, but to get full potential out of it, you'll probably need a gunsmith to adjust the trigger. Around here thatcosts around $60-$70, but it'sworth every penny. Nice thing about the 700 is they are easy to customize since aftermarket/custom parts are everywhere.

My brother has a 110, and it too is a great shooter. The accu-trigger is nice.

At the end of the day, with a trigger adjustment on the 700, cost wise it's a push for either gun. My personal preference is the 700, but I think you'll behappy with either firearm.