My Sabatti 500 NE is in my hands. All 470 & 500 NE from the current shipment have been sold, allegedly 20 & 10 respectively.

Some answers for the inquiring minds:

They are a bit light in the large bores-less than 10#; I will be adding a mercury recoil reducer after initial shooting.
The recoil pad is a useless POS an will need replacement with a quality pad.
These were regulated with Norma (470) and Kynoch (500); they may eventually be regulated with Hornady at Cabela's request.
Comes in a decent plastic (Italian) case.
Mine has a fine piece of figured walnut, hand checkering and deep Oak Leaf & Acorn engraving.
Mine is very tight.
The Cabella's models are slightly different than Sabatti's catalog rifles. Brass front sight, sling swivel studs and an included scope mount as well as a CABxxxx serial number.

Gotta run.