ORIGINAL: Briman
The 10/22 is a toy. Its not terribly accurate out of the box and the stock is too short. Its a good gun for plinking or for the gun tinkerer. If you want a good .22 get a Ruger 77/22, an old Remington 541, an old Winchester 52, or a new CZ 452. Out of the bunch, the CZ 452 is tough to beat for the price and quality. The 10/22 will shoot just as accurate as any of these, but only after you spend twice as much money on upgrades.
I'll second that with if you're going to spend a bunch of money trying to get your 10/22 to shoot like a bolt, just save money and buy a bolt to begin with.
The CZ 452's are hard to beat for the money. My CZ452V will shoot with my Anschutz and Sako. The CZ's aren't as refined in the trigger and fit and finish, but they flat out shoot great.