"Just to help make this more clear.. 7mm what? There is a whole family of 7mm calibers that are actually quite different in capabilities. 7mm-08, 7mm mauser, and etc at length."
As 41magsnub said, there's a whole family of 7mm (.284") calibers. I even have a 7mm pistol - it's a Remington XP-100 7mm IHMSA. For that matter, there are two entirely different, but popular 7mm Magnums - the 7mm
Remington Magnum and the 7mm
Weatherby Magnum.
My wife has two M-70 Winchester 7mm rifles - one is a M-70 Classic Featherweight chambered for the 7mm-08 Remington, and the other is a 7mm Remington Magnum, semi-custom built using a Winchester M-70 Classic action. It's kinda important to know what 7mm you're buying and very important to know what 7mm ammunition you're putting in it.
But to answer your question, as Cougfan2 said, if it's a "controlled round feed," that means it has the "Classic" action and $360.00 is a pretty good deal. If it's a "push feed" action, the deal's okay, but not wonderful. Now if it was built on an orginal pre-64 M-70 Winchester action, it probably wouldn't be there and it certainly wouldn't be priced that low.
Both the "Classic" and pre-1964 Model 70 Winchester actions are easy to spot - just look at the bolt. If it has a "bar" looking thing (about a half inch wide) attached to the bolt and running lengthwise up the side of it, that's the extractor and it means it's a "controlled round feed," Classic or pre-64 (very unlikely) action. If the bolt is just round with no bar mounted on the side of it, it's a regular "push feed" action. Not that there's anything wrong with "push feeds," some shooters actually prefer them. It's just that when it comes to Model 70 Winchesters, "controlled round feeds" are generally more in demand and therefore sell for more money.