I have 2 2.5-8x36 on 700 short actions, both talley lw's. one set is low the other x-low. only problem I had is with the x-low the mag dial would touch mount where I wanted it, so just snuck it back a hair.
bolts work no contact, although the x-lows are real low! can send ya a pic if u want.
I believe guys run into eye relief issues on the 700 long action with certain ring/base set-ups as these scopes have shortish tubes. with talley lw just turn the front ring around should do it.
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