I've got that rifle in the camo stock and SS barrel. Mine came with the same Bushnell scope as well. I've enjoyed the rifle and found it to group quite well. The Bushnell scope is garbage and can't handle the recoil of the .308 as mine dropped the reticle lens after about 10 rounds. The lens actually came loose and fell down within the barrel of the scope. I sent the whole package back to Savage and they put a new scope on it. Once I received it back I promptly removed the scope and installed a Millett Tactical Scope which I very much enjoy. I routinely group at 1/4" MOA at 100 yards.
$220 is a great price as I paid about $350 for mine with the SS barrel. The only negatives I've found is that the bolt is a bit sloppy in the action, the trigger is a bit too heavy (close to 7 lbs I'd guess), and the magazine which came with the rifle cracked at the base thereby refusing to chamber rounds correctly. The sloppy bolt isn't a problem - just an observation as compared to a Remington 700 - but that's a totally different price category too... The magazine was frustrating but Savage sent me two new ones - they obviously recognize the fault and hopefully have fixed whatever the fault was. Lastly, the sear can be polished and springs replaced by any smith to relax the trigger -on the positive side there is no slop or slack in the motion of the trigger.
.308 vs 30.06 - I went back and forth on this a lot. The .308 is more accurate but honestly its not going to make that big of a difference unless you are shooting 500 yards plus, as I believe the 30.06 has about a 10% larger group than that of the .308 at 100 yards- hardly anything to be concerned about. Really boils down to quality ammo anyway - a match 30.06 will outshoot a garbage .308 round. Plus, the 30.06 seems to be more plentiful in my neck of the woods as well. Not that .308 isn't available, but you have more vendor selection with the 30.06.
If I had to do it again, I'd choose the same rifle for the price still in a .308.