Beavis has layed it out nicely already.
For a hunting rifle floating(if its not already) is a good idea providing the action is stiff enough and barrel light enough(IE probably not the best idea to put a truck axel on a SMLE and fully float it)
Pressure point bedded rifles can have very good accuracy(or rather will put x number of rounds very close to each other) but on a different day or different shooting position that great group can be somewhere other than the center of your cross hairs.
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