Goatwiskers, it already has a synthetic stock, and the stock barrel is pretty worn. It's a project that my son and I have elected to try, hopefully it'll provide us some "father-son" time, and no-doubt we'll use it as a learning process... We have been intrigued with the 6.5-06, and your probably right we could purchase an already-to-go rifle, but that isn't what we started out to do.
Some of the "metal-working", we'll undergo ourselves but alot of it will be done by the smith.
The handloading is what I'm excited about, not necessarily the work it will take to finish it.
Anyways, thanks for your comments and ideas, fellas!