I shot my friend's Axis 308 this weekend. The bolt was smoother than my Savage 10, and the stock was well designed at least as far as recoil was concerned. The trigger was a typical stock hunting trigger, on par with a Ruger 77 or stock Rem700. Definitely not an Accutrigger though.
All in all I'd say they are well worth the money to someone who can live with having a basic functional rifle with no quick/easy upgrades currently available. Easy to scope, don't cost so much that you get teary eyed if there is a ding on them.
Machine guns are awesome until you have to carry one.