Rob,
As Mike said, a proper bedding job allows the receiver to sit "stress free" in the bed of the stock. While there is always some stress induced by screw tighteneing, distortion should be minimal.
I favor the use of fiberglass pillars but, if metal is to be used, I prefer steel over aluminum. I will now set forth my method for glass bedding a typical Remington 700 hunting or varmint rifle with wood stock with glass pillars.
1. Remove the trigger and bolt stop from the action.
2. Wash the action with Varsol
3. Prepare the stock by drilling a 5/8 inch hole from the top of the receiver mortise to within about 1/8 inch of the bottom at each gurd screw location (I used to drill right through but leaving a thin wafer of wood at the bottom made for less compound on my shoes!).
4. Remove wood between the drilled hole and the recoil lug mortis to a depth equal to the bottom of the mortise. Also remove wood to within about 1/32" of the top edge at the receiver ring area. Bedding of the full length of the receiver is optional. If you are going to bed full length, remove about 1/8" of wood all along the bed; leaving the same narrow margin at the top edge.
5. Put tape around the barrel at the forend tip and just ahead of the recoil lug until the barreled action sits at the proper attitude and depth. I believe in setting barreled actions halfway into the stock. It may not have any effect on performance but it is the RIGHT way to do it!
6. Tape the front, sides, and bottom of the recoil lug (I use two layers of electrician's tape)
7. put a single layer of masking tape over the trigger pin holes.
8. (Optional but preferred) Apply a layer of masking tape to the receiver from the front of the magazine well to the rear of the trigger cutout
9. Recheck fit of barreled action in stock (Important!)
10. Apply release agent ( I like paste wax thinned with varsol) to the receiver, trigger guard and floorplate, inside of the magazine cutout in the stock, the outside of the stock, and (very important!) the screws. It doesn't hurt to apply the wax anyplace you don't want the epoxy to stick even if you don't intend to bed in that area (eg. the length of the barrel, the top of the receiver, etc.). fill the guard screw holes with wax.
11. Install bottom metal and screws into the stock. Keep them in place with masking tape.
12. Mix bedding compound. I use Acraglass liquid (red box). Mix thoroughly and add enough thickener (fiberglass floc) to make it only moderately runny.
13. Spread compound over the area to be bedded and into the holes for the pillars enough to coat all surfaces.
14. add some more floc to the mix to where it is barely runny
15. fill the holes for the pillars. Be sure and poke the mix down into the holes and around the screws so as to eliminate any voids in the mixture.
16. Add more floc to where the mixture is quite stiff ( 75 degree butter?).
17. Apply compound to the entire stock mortise. Use enough that there will be no voids.
18. Apply a dab of compound to the receiver right behind the recoil lug. This ensures there is no air trapped in this area.
19. Set the barreled action into the stock. Start the screws into their holes
20. Turn screws in just enough that they contact their seats WITHOUT pulling down on the receiver. Their purpose in life is to holt the bottom metal in place and align the bottom metal with the barreled action.
21. Remove most excess compound which has squeezed out.
22. Set rifle aside to set. I set the rifle on a cardboard box with notches cut in it for the purpose. Leave it be for a day.
23. Remove screws (this is easily done providing you have followed the instructions in (10) above.
24. Make sure there is no overflow of compound mechanically locking the receiver in place.
25. Pop barrelled action out of stock.
26 Clean up stock and barreled action and re-assemble.
There you have it. This will produce a very sound bed for most purposes but it can be improved upon.
The Acraglas has some shrinkage when it sets up so that the bed may not be perfectly level on the surface. So, in order to produce an even better bed, one has to scape the surface of the bed and chip out the recoil lug mortice a bit, then bed again.
Variations.
The use of pillars is popular and effective. Like, Mike, I prefer steel. I cut the pillars flat and checker the tops.
The holes are drilled clear through for the pillars and the pillars made about 20 thou under sized to provide room for the epoxy. The pillars are screwed tight to the receiver and the receviver is bedded as before but without the bottom metal. The bottom metal is bedded over the pillars afterward.
Different actions call for different treatment but the basics are the same. Stress free, solid atachment is the goal regardless of action type. If an action is to be glued in, it still needs to be glued into a solid, stress free bed.
On Savage rifles, I like to float the tang entirely.
The Acraglass liquid is a bit of a pain to work with but it is very strong and seems impervious to any solvents. Also there is no apparent degradation of the stuff over time. Although I sometimes feel I can achieve a nicer surface with other compounds, I still think the original Acraglas is tops for producing a solid foundation. Great glue too.
I see little point in casting a glass pillar in a Mc Millan stock. It`s already pretty solid.
Hope this is informative for those who want it. Regards, Bill