Friend of mine has a couple 300 prc's and a 300 Norma built on remington 700 actions. They've all been worked over and fitted with the Wyatt bottom metal to run as long as they can. I forgot his max oal but I think he said 4" ? I know there was some work done to the recievers to allow his setup to work. A couple of them are in 338 edge.
He got most of the actions he has from ptg in a fire sale as barreled actions. They were giving them away pretty much. Him and a buddy went in on a dozen of them for like $500 a piece.
I've been going back an forth on the custom or worked over 700 thing myself here lately. I let my LTR sit stored improperly for about six years and the bore rusted. It's still a shooter out to 600, but then something crazy happens, so it's getting a rebarrel or its getting gone. I've got a takeoff 9 twist lilja that was pulled from my 300winmag with about 185 rounds down it and it has enough shank to save it.
Debating on pawning the LTR off on some pour unsuspecting soul and going custom, or blueprinting the 700. I'll be doing the work myself, and I doubt I'll ever go the pre fit route anyway, so I really don't stand to lose much other than my time working the 700 over. Unless I wreck the action. Which is possible because I've never done this before. It'll be a learning experience whichever way it goes.