Look around for a pre sporterised MN, they sold chopped MN sporters here for $25 in the late 60's-early 70's.
I've read an old American Rifleman article on converting the bolt and receiver to take a bolt handle that sits behind the bridge area (no actual bridge there) so a Unertal type long range scope could be mounted more firmly. Its doable for those with the skill.
You should look into the Finn home built MN sporters, some are quite nice looking. They usually altered the original stock by dovetailing sections for grip and comb. Those often use contrasting woods which adds something to the look.
I wouldn't cut an MN in full military trim, but I also would not bother trying to restore a previously sportered MN to military configuration.