I've never been a fan of "sporterized" or "targetized" Krags, preferring them in their original military condition for value's sake. However, the one you possess is absolutely beautiful and expertly crafted. Certainly something to be proud of.
Krags were noted for their slick-operating actions, perhaps the best of any bolt action rifle then or now. The bolt camming surfaces as they came from Springfield Armory were absolutely superb - smooth as glass. I can see where that would be an advantage in rapid-fire competition.
Congrats on having a beautiful rifle! Below are some of my as-issued Krags for comparison.
John
This is a model 1892, arsenal-modified to model 1896. It's dated 1894 on the receiver.
Model 1892 rifles had under-the-barrel cleaning rods. When converted to Model 1896s, the channel was filled in with a wood strip.
This is an extremely rare Krag "Bowie" bayonet. Not many made (in 1900 only), most lost in Cuba and the Philippines. Very few surviving specimens.
This is the Bowie bayonet pictured with its original scabbard.
A very sought-after Model 1896 carbine - the type used by Teddy Roosevelt's Rough Riders in the Spanish-American War in Cuba.
A Model 1898.
The Model 1899 carbine was the last issue carbine until the M1 carbine in WWII.