I picked one up about a month ago, I paid roughly that price, but only 1 mag included.
Four different brands of .22lr through my 1/7 twist 11.5" pistol.
One FTF after about 10 rounds. Zero malfunctions the rest of the time.
Accuracy was acceptable at 30 yards, and it was a blast to shoot.
I need to find some time to run it some of my other AR platforms, curious
to see if any appreciable differences are apparent with different barrel lengths, twist rates and such.
The instruction manual included does advise to swap the 5.56 BCG back in and send a few rounds,
after using it with .22lr, supposed to help clear out deposits.
The conversion BCG itself is pretty cool in how it operates, though I feel like some of the welds are
just a tad subpar for my taste. I do like it, I'd advise you to buy it now, especially if you have a good amount of .22lr!