I would never purchase a 770 due to all the negative reviews it received. After picking one up at the store I just felt cheap. I wouldn't say this model is representative of the "Remington" brand. I've owned bolt actions from most major brands and the only rifle I prefer over my Rem 700 MTSS is the Kimber 8400.
My Vanguard doesn't even come close to the Remington 700. Vangaurd is more on par with a Savage. Decent rifle, just not a 700.
The Remington 770 - shouldn't even be in production. It's hurting Remingtons quality perception as evidenced by this thread.