I've only had a couple 700s, and the only one we trued, we put a Savage bolt head(s) on. But what I've seen, and some experienced professionals have mentioned, is that the inside of the bolt, (firing pin fit, shroud, etc.), are just as important for benchrest accuracy.
Whether or not any particular action needs this depends on where it falls on that long, bell-shaped curve of "how close is it to being perfect" from the factory. As far as that goes, I've put a small delron washer in a custom action that had a similar "insides" to a Remington. It wasn't a clone, just a similarly designed firing system. The firing pin now drives straight at the nose end.
Also a question is whether or not true benchrest accuracy matters for the application.
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Do the Kiff bolts come with a well-fitted shroud? Can you order them that way? Would make a difference to me as to which was less work -- redoing the existing bolt, or replacing it.
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Most everybody who has posted makes good points. Far as I'm concerned, "blueprint" means just that. The whole system has to work as designed. How much to actually do is a cost/reward thing.