my wife bought a 770 a couple years ago and i did some work on it like free floating the barrel and doing some trigger work and alittle fine tuneing...its in 30-06 and ill put it up against any gun at 3 times the cost. yes they were made cheaply as possible for those of us that cant afford to buy fancy guns...but i think you just plain got a lemon and lemons come in many forms...even ones that cost hunderds more dollars..i bought a model 70 win one time and it was junk...we got my dad a pump shotgun once and the barrel fell off when he shot it ,,,they fixed it and he had many good hunts with it...ill give ya 50 bucks for your junk rem weld the bolt on it toss a tasco scope on it and ill sell it for 500 bucks easy,,,like one man said take it to a gun smith