Congratulations on getting a Smith, I would not consider that an entry level gun, it's a great value and is a well made accurate rifle. My wife bought one when the model 2 came out and it's without flaws and groups just over moa with nearly any ammunition.
As a young man in my 20's I read an article by Ken Waters back in the late 80's where he tested two 223's, a 700 varmint and a Colt H-bar the latter intended for high-power competition. The H-bar grouped as good as most of the bolt gun groups which amazed me. About that same time I was having a bolt gun rebarreled at Mark Chanlynn's shop in Boulder and met Dave Sullivan who was making a Colt H-Bar into a prairie dog gun which was totally unheard of then.
He milled the carry handle off and put a Weaver base made for a Marlin 336 on top, free floated the forearm and worked the trigger down to a semi-crisp 2lbs.
I immediately started saving money for a H-bar and had a finished gun about a year later, the gun was a remarkable success for pd's and coyote hunting. Just a few years later Colt came out with the flattop which seemed to trigger the avalanche of AR-15 popularity.
In the 80's it was controversial to own any black gun, I still prefer bolt guns but can't imagine not having a couple of Ar's in the safe. I've probably had a dozen of them over the years including a 7.62x39 colt carbine which I wish I had back.