Marioq, yes, no, pros, and cons. First the YES. Yes it will work, and a fine barrel at that. Price seems to in the park. The 8.5 twist is for the really heavy stuff, like 195 grain. So, here comes the NO. I would go withe the no, IF you are going to be shooting " normal" weight 7mm bullets. ( 140-175 grain). Now for the pros! That is a excellent barrel, and those Palma contoured blanks have been the begging of a lot of tack drivers, and they break in quick too. The " cons" would be the weight of the gun, due to the barrel weight, but as long you are good with that, it really isn't a problem. Most of my guns are heavy barrels, and I don't mind toting them, because normally it's to a blind, or tree stand.
So, if you were to decide on another barrel, you might want to check Bruno Supply. They have famous make barrels, in stock, and their prices are very reasonable. Or, you can go to the individual barrel makers website. Sometimes, they have some sizes in stock, and ready to ship. Deciding on a barrel is a critical step. You have to be sure to get what you want, because once it's threaded, and reamed, you own it!