I would also say restore it. The pictures only show a light rusting that can probably be taken off without too much hand polishing. If there are any deep pits I'd suggest you get them Laser Welded. This method would put on a very fine weld bead that doesn't have a melted depression around it. It's not a cheap process, but is far better than TIG or MIG work. As the bore is very good, a light drawfiling or possibly a fine grit tape polishing on the barrel flats should clean that up nicely.
As the action was CC Hardened it should be annealed first and re cased later, it will make working on it far easier. There are plenty of folks who can supply part finished stocks in any wood qality your wallet (or wife) is happy with.
I don't know of any gunsmiths operating in Alaska today off the top of my head, but if you contact J.D.Steele on this Forum he may well be able to offer you some sound advice on your CCST problem. It may be that a good cleaning in an ultrasonic cleaning bath will solve the problem. They are remarkably efficient at cleaning up ingrained dirt and grease, even after cleaning by traditional solvents and bronze wire brushes. A nice winter project, get stuck in there. lol.
Harry
Last edited by Harry Eales; 11/03/11 04:02 AM. Reason: Mi ushual spellin erras.
