I have several - range from 80s-early 2000's.
They all shoot. I will say, that I've spun on remage barrels, replaced the stock and the triggers. So there is money put in to them, but still cheaper than any custom.
I will say though, you need to get the action at a good price, because if you don't, then it doesn't make sense. For the price I've seen for some used rifles or actions, you could get a nice custom for a few extra $.