I say it depends on what you mean by "getting into long range". If that means competition, the point has already been made by others. If that means going and hitting a gong at a 600+ from time to time, then no big deal... that is more than enough rifle. I would glass bed it with a $35 acraglas kit and do a trigger job:
http://quarterbore.com/library/artic...00trigger.html
Just give it time between shots to cool off a bit and you can shoot long range all day with that gun.