Lol. Pretty much.
Shitty is is a relative term anyways. I had another one of these rifles once and in the crappy Hogue stock with the factory trigger and a $300 SWFA scope it would shoot .5 to .75 MOA at 100 yards with very little load development.
Since I'm really only planning on shooting from 100 to about 500 yards if it will group around .5 MOA with its favorite load it should serve me well for now.
Remember folks, this is really my first leap into any sort of precision rifle stuff. I'm going to have a lot to learn for a while. I think this will make a decent starter rifle for me until I outgrow it.