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It is about the scope and limitations of their after sales care.
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Keep in mind, just because they have a lifetime warranty, that doesn't mean that they will actually take care of the problem. Let's be honest here, their guns are questionable and so is their warranty work. My opinion is based on my NIB M85 that broke after 250 rounds.
Ruger on the other hand doesn't even have a warranty for their firearms but generally has some of the best made firearms backed up by a great customer service department that stands behind their products.
Don't get caught up in a paper warranty but research who actually backs their products.