Re: Rimfire action design
everything else is "hung" off the foundation of the action. i believe a beefy action machined from a good quality of barstock metal should also be considered as the 1st step.
just like with centerfires, the trueing of the action (mounting screws lining up for stock and optic bases, barrel socket / threading in line with the action, the action being straight - interior cavity being equal on all sides in proportion to each other, etc.)
both of those things cost money though. but reliable and true consistancy / accuracy does not come cheap, never did and never will. then everything hung off that action (barrels, lugs, etc) needs to be as pure or it's like putting bald tires on a ferrari.
the mass produced actions (MKII, 22/77, 10/22, XT22, 455 etc.) are just that - mass produced to meet demands, to keep costs low, to keep profits high. don't know the metalergy of the them, but i'd assume the thicker the action, the more can be done with them as far as trueing.
another reason why the 40X, anschutz, coopers, kimbers, etc styled actioned rifle cost a bit more - more care is taken in their creation and better quality metals are used.