Thanks for the tips on pistols, Dave, but like I said in the first sentence of my post, I'm refinishing a bolt gun (AKA bolt action rifle). Sorry, I should've been more specific.
Anyway, I'm really leaning toward trying DuraCoat or maybe even Gun-Kote. I've been poking around on the net and have seen some nice rifles done with these finishes.
As I mentioned before, I'm hoping for durability and looks, as well as cost effectiveness (I bought the rifle for $150
). I just thought I'd tap into you guy's vast pool of knowledge and experience, and maybe get a few opinions too.