I don't know if I'd call it "high quality", but the Savage MKII works really well for me in a practical sense. Instead of a scope I got the tech-sights for it, which make it about as precise as you can get with a .22. I've also found better wood stock sets for it, but didn't think it was worth the extra $.
Here is me running it in a run and gun .22 match... I was running against guys with 10/22's and AR conversions, plus just to show off my zombie skills I went for all headshots. Somehow, I actually did not have the slowest time of the day!
I do agree with the book you are reading, it would be very hard to permanently break anything on this rifle. Breakdown for cleaning leaves you essentially with 2 parts, could not be simpler. But, even though it is a bolt, it can still jam up. Less so than semi-auto's, but in this round I have a magazine related hang up. It's just something that you always need to be prepared to handle.