Ive owned 3 700s and they all shot great w/out bedding or floating anything. All Ive ever done is adjust the trigger. I currently have a 700mt rifle w/ a thin barrel ,that will shoot 1'' groups or less, and put 5 shots in a paper plate at 200yds just resting the forend. I did put a rifle basix trigger in it, but the older factory ones can be easily adjusted.
http://www.quarterbore.com/library/a...00trigger.html