I'm too new to this to have an opinion on what is or is not best. I've spent an average of 6 hours a day reading and watching videos for the past week and have learned a lot. It's amazing how much you can learn when not working 12 hour days. The most important thing I have learned about action truing and dealing with a gunsmith is to ask detailed questions. What things are part of their truing. How do they square the action? As some guys here have mentioned the bushing and mandrels to find the center line of the action. Not all smiths do this. Do they remove the "guts" when they true the face of the bolt, if they cut that. Do they cut both the action and bolt lugs to perpendicular? Do they do any lapping after cutting? Do they true up the runout on the barrel threads in the receiver? This will change the fit of the barrel.
I recently found out there is a gunsmith 10 miles from me. I emailed asking how much to true an action on a 110 and what that entailed. His reply was $175 which is on the low end you would think. He only trues the action face and laps the bolt lugs. Thats expensive for all the more work.
Again I am very new and these are the things I've read and picked up on.