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I actually went to the bank once and applied for a loan to get a machinegun. They couldn't determine how to use the gun as collateral for the loan, so they offered me a high interest rate and I turned down the loan.
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they must have wanted to do an unsecured signature loan, I has thought about that too but interest is higher than a credit card!
I guess if you took out a secured loan on a machine gun and defaulted on it im sure they could think of a way to reposses it, probably just dont want to mess with the paperwork, i have found a lot of banks are lazy like that, i think they forget even though you are getting a loan from them, you are the customer and they need you more than you need them.
I'm thinking I will probably just use cash I have on hand and take out a 401k loan for the remainder...seems like the best option for me, probaly a better idea than using a credit card anyways.
I looked around on the internet for a little while today looking for the DIAS and found some pictures of them and desrciptions of how they work, I also read you have to set them correctly and they need to be shimmed in place and all sorts of other stuff, seems like quite a hassle which really makes me question reliability...seems like it could be pretty tempermental.
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In terms of value, durability, and usefulness...
Lightning link < DIAS < AR-15 conversion RR < Colt M16 RR.
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PTK i was wondering why you rated a converted registered reciever below a colt m16? if it was a conversion (not a married DIAS and lower) are they not the same? basically a m16 bolt and fire control group dropped into a previously semi automatic lower?
If they are cheaper I think I would rather go that way than an actual m16. Im not looking for historical signifigance of any kind, I would likely get rid of an A1 upper and old m4 style buttstock as soon as i got it anyways, i would also, if worn at all, replace the entire trigger group and bolt with a 4 position selector.
Does anyone know are you required to destroy or turn in a FA trigger group if you replace it? how many spare parts could you have laying around for it? just curious...