See post #2. He hit the nail on the head.
I have owned two MkIIs (one blue, one stainless) and a Stainless MkIII Hunter. All were bought used.
The two MkIIs cost me $250 and $300 respectively. The MkIII was too good to pass up at $350. However, I didn't like the sights (specifically, the rear sight) or the trigger (although that may have improved with time) but all the "lawyer crap" was a deal breaker. Sold it to a friend for what I paid, and we are both happy.
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Can you explain why you would want to change the loaded chamber indicator and magazine disconnect?
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Adding more parts that do not directly contribute to the function, reliability or performance of a mechanical device is almost never a good idea. Adding parts to mollify lawyers...likewise but even more so.
The LCI, the mag safety and the Mickey Mouse wind-'em up safety key are perfect examples.
There was nothing wrong with the MkII, as is evidenced by the fact that they hold their resale value quite well. As far as I am concerned, the only functional improvement of the MkIII is that they moved the mag release to a 1911-ish position. If Ruger had stopped there, I might still own the MkIII.