Quoted: Actually you DO bed the barrel, especially the recoil lug and and some distance in front of it depending on the weight of your barrel.
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Having done this professionally I can tell you that the Remington 700-series rifles do NOT need bedding forward of the recoil lug. (The Ruker 77 needs the barrel support though.)
Making sure the barrel is free floated and that the bedding material has 100% contact with the action is critical.
For added support you can also pillar bed the action, but if doing so make sure that there's beding material inbetween the action and the pillars as these two pieces of metal have different expansion rates as rifle heats up.
When it comes to what bedding material to use there's Accra-Glas, Accra-Gel, and (my favorite) MarineTex (for boat repairs).
If you have a wood stock I would suggest using Accra-Glas or Accra-Gel. For synthetic stock I always use MarineTex.
If you dare to do this on your own make
DAMN sure you wax
all metal parts
REAL good, or you will have a miserable time getting the bedded action out of the stock, or worse.