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Both excerpts quoted above say the same thing: "engaged in business" means "principal objective of livelihood and profit"
I wouldn't be overly concerned about it. You would need to be turning over a lot of guns- and making money from it- before you would fit into this category.
In this regard, it's no different than with non-C&R firearms. If you are somehow, able to buy weapons "on the cheap" with the intent of re-selling them for a profit, guess what...you're a "Dealer", and need the proper FFL.
Where that line is, I don't know, and I do think it would be interesting to find out if there is case history on this. But I don't think a half dozen, or even a dozen weapons a year wouldn't qualify as "making a livelihood" from it...
If anyone knows of specifics, please post it up for us.
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