Yes, that is the original design. They are also built using M700 actions. The barrel is 1.25" dia straight with a recoil collar. It sits in two V-blocks, one at chamber area and one at muzzle, with the action free floating. The V-blocks are part of a slide that rides in one long V-block. The whole assembly is mounted in a Bond mount for aiming. Making these barrels and repairing the mount, that came from Frankford Arsenal, is part of what I do every day.