The mods like to post, too, Chris.
The thing is, you could have done what you said without any forum input and you would have been fine. You would have written your permission letter, and been denied. They would have told you that you could do it with a pre-registered sear, or you could get a license to become a Class III manufacturer, and built and owned machineguns until your license expired, which is when you'd have to destroy all of them.
The laws tried to stop all the angles and loopholes, and did so pretty effectively. The loop hole the laws created was the auto sear=machinegun thing, but now those bits of metal are worth as much as entire guns.
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