I have both a 26" bbl .308 PSS and a .308 LTR with 20" bbl.
You can't go wrong with the LTR. For an out-of-box rifle it's great. Highly desirable too: look at the prices of 700LTRs vs 700PSS on the web.
It's light & handy as well; good balance.
While I haven't shot my PSS yet (I've shot my friend's, and love it) - changing scope setup, etc. my new LTR is OOOH LA LA. Trigger's OK, a Timney, etc. drop in module would prob lighten things up a bit.
I put a Burris FullfieldII 6-20X (nice scope) on my LTR and ran some Federal Gold Medal Match ammo thru it. Filtering out flyers as shooter error (the rifle's way bettern' the shooter!),
I got several dime-sized 3-hole cloverleafs. Left the range and had a steak dinner I felt so good!
Friends' PSS' shoot that well too, and don't worry about fancy break-in procedures. [There is a legitimate school of thought - Gale McMillan & others, no less - that break-in just adds additional wear & tear, and that your calibration is then set up to a bbl that always has to be babied.] We've shot PSS' with 20-30 rounds btwn cleaning, and don't notice any difference than with a PSS that's been babied.
Surprisingly, Radway Green surplus Brit .308 in my Armalite AR10A2 20" is quite wonderful. Shot my in Oregon off the hood of a truck (fertilizer bag for a rest!) at some targets about 85-90 yds away, got quite a few honest 3/4" groups. On a bench woulda been better - more of 'em & tighter I think.
Bill Wiese
San Mateo, CA