Ruger's new LC6 trigger is nice and crisp now, and the gun is every bit as good as the Savage. I own several of each, and my preference is the Ruger hands down.
Their accuracy is excellent since they took under their own barrel production in the late 90's. And they have the best ring system around, especially for a factory rifle.
Depending on the caliber, controlled round feed can be a major plus, especially in bottlenecked or belted magnum rounds.
Savage is a good to great gun in its own right, accurate, nice triggers, and really not to many complaints as well.
My main downpoint on my savages, all purchases in the last 6 years, is there action is much much rougher than the M77 action. A little work and shooting has cleared up some of this, but just not the same as the mauser style M77.
As far as free floating, it is a fairly simple project, and every savage I have bought has needed work to be truly free floated as the barrels rubbed in several spots.
All in all, you really can't go wrong with either, they are both good guns, with some pro's and con's to each of them.