The stud can be installed in front of the existing swivel, approx half way between the swivel and the vent hole. The wood there is to thin for a simple wood-screw stud. With a flange-style stud it's no problem. Epoxy it in and it'll be as strong, or stronger, than any other part of the stock. The two advantages are: 1) it allows for easier use of a sling while the bipod is attached, 2) the bipod won't interfere with your hold. I've had mine that way for 5 years, 4,000 rds later (90% shot with the bipod attached), and zero problems.
If you got a Harris bipod one neat little gizmo I highly recommend is a
Tank's Speedy Knob. It replaces Harris' teeny-tiny little tightening screw. It really helps in getting the bipod off and on and lets you torque it down tight by hand. It's a "gotta-have." -- Kernel