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Also you mention a price of $500. That is considerably more than the CMMG 16" .22LR upper, which runs about $360-$370.
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If I get the CMMG Upper I like [that is most like my A2 style AR-15], it costs $479 [with the SS bolt set-up]. In addition to that, I'd want at least 10 magazines, so that I had 100 rounds ready to fire at once. I would probably only buy 5 magazines to start, but that alone is $29.95 per magazine, which equals $149.75 for 5 of them, or $299.50 for 10 of them. This puts me at $628.75 to $778.50, not counting shipping and any sales tax applied. Shipping would probably run around $20, so now I'm up to $648.75 at least.
I live in California, where we are limited to 10 rounds in a magazine. If I could, I'd rather have 4 25-round magazines, but that isn't an option here for me.
So, for the type of CMMG I'd want, it would cost me over $500, even if I found all the parts on sale.
I did want the A2 20" barrel, but only because I wanted the CMMG to look just like my existing A2-style 20" upper. If it will cause a decline in accuracy or in velocity, due to the extra length, then I'd probably consider the shorter barreled M4 style 16". I am just partial to the longer stuff.