Looks great! Saw one in the flesh at Trentham in January. Theres some sponsorship going on from Mr May as well, he's a clever man and thought this through. @6x47 might have more to add.
Oz F class forum have started to hear about them as well. Theres some pics up over there.
If you are a FB user have a look on the New Zealand F-Class Target Shooting page there are photos and a blurb on them. Scroll down the comments to Australian point series written around the 17 June.
As to the OP good advice re get an existing finished rifle, use that for a while then decide on chassis and actions and scopes from there.
Once you are in the game you can work out what you need.
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