If the stock will fit you, that price would be at the high end. Since the T/C stocks are too straight and a bit long for me to shoot comfortably, my opinion of them is biased to the low side. I think the stocks were cut to allow a scope(higher sight line) to be used. Close your eyes and sight the rifle. Then open them. I'll bet the whole front sight and part of the top flat are above the back sight.
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The stocks were made with high comb, to allow using a narrower(cheaper) piece of wood for the stock, as-in a 2x6 rather than 2x10.
Back when these first came out, no one was using scopes on ML's - the design was simply cost oriented, just as the shallow buttoned rifling & coil springs was to cut costs. I will say though, that
many of us started with them and it was the cost cutting moves of the company that kept prices low enough that we could enter the sport. Within 1 year of shooting the TC, I changed
the barrel to a 38" twist Bauska barrel, that I lapped in a choke. It shot round balls just fine, but excelled at shooting short slugs. The next barrel, maybe 2,000 rounds & 6 months later was a
deep grooved .45 (.448" bore) by Les Bauska. This one had .028" deep rifling and with a nice radiused crown, I use a .457" ball and .022" denim to get the the bottom of the grooves, not quite
making it, but it shot well and cleanly.
Today, I would suggest a new-comer to the sport, to save some $$ and buy a Lyman GPR in cap-lock, which I honestly consider the best "production" rifle available for well under $1,000.00.