I bought one of these three weeks ago for $499 on sale here in California. I ran 100 rounds though it in my first outing and had few problems with the light little carbine. The thing doesn't lock back after the last round. I had a couple of easily cleared jams when the second to last round in a 15 round magazine stuck against the top of the chamber. I didn't shoot for accuracy but once I figured the thing shot about 1 foot low at 100 yards I was able to pepper a rock about 8" around with easy. Feels like a 3" to 4" gun at that range.

Bought mine at a gun show about a month ago for $499 and it came with the sling, two mags and the mag holder.  Except for the suck-ass sights which don't stay locked where you leave them, it's a lot of fun to shoot.  

[img]http://www.petenelson.com/Photos/Misc/Guns/M1%20Carbine/M1%20Carbine%2001.jpg[/img]