Looks like Ares came up with a 50 State compliant platform that uses most AR15 accessories and it doesn't look all that bad.

Designed for optimal configuration, the ARES SCR™ accepts most Modern Sporting Rifle accessories and parts including magazines, upper receivers, barrels, bolts, handguards and optics- so it can be easily and effectively reconfigured for each individual shooters’ style and activity.  Supported by a full line of performance accessories and manufactured of the highest quality aircraft grade alloys by American craftsmen, the weatherproof, dependable ARES SCR™ will provide a lifetime of accurate shooting pleasure for all Americans.  See the new, sleek, low profile ARES SCR™ at the NRA Show - Booth 7970.

Specifications:
Caliber- Available in .223/5.56mm, 7.62x39mm
Magazine Capacity- Comes with 5rd. (Can accept any AR15/M16 Magazine).
Weight- 5.7 Lbs.              
OAL- Carbine: 37”  -   Rifle: 39”
Barrel Length- Carbine: 16.25” -  Rifle: 18” 1/9 Twist
Handguard – Magpul® MOE® handguard available in both Carbine and Rifle Lengths
Finish: MIL-Spec Black Hardcoat anodized finish
100% Made in the U.S.A.
Patented Design with Additional Patents Pending

I think it looks great and they are definitely on to something here. This is by far the best looking option for us Commufornians that want to avoid the bullet button. It kind of reminds me of a cross between a m1a socom, mini-14, and an AR.
I wouldn't be surprised if this became more of an ease into the AR market for m1a fanboys. I will be buying the lower after i see some reviews of actual reliability.
Great job Ares!!

How the hell does it cycle?

Ditto.  Perhaps it has a shotgun like action spring down in the stock, and a shortened carrier and a pivoting spring actuator, because it doesn't look like it is above the barrel.

I'm sure no-one will know until after Shot Show.

Not trying to pimp their site but you can see a close up here

I like it but think a p90 style stock would look better IMO.

Didn't they show this like 5 years ago?

Don't know.  First time I've seen anything like it. I'm trying to see if I can get my hands on it to try out.

Show Show or the NRA Show?

Says it works with any upper...so definitely not above the barrel.

I bet it's like an FAL... so you'd have to use their bolt carrier with your upper.

It has a buffer and receiver extension in the stock, but it opposed lay requires a special buffer and bcg from what I read on Calguns.net

We have a winner!

Patent Link

That is one of the least horrifying attempts at a ban state AR that I've seen, and I kinda like it...

They've been showing it off and on for at least that long, since the first "election panic."  

Interesting idea, I suppose, for those who need it, but it's really nothing but background noise until it actually starts showing up in people's hands... pre-order/backorder/"they took my money" doesn't count... Shrike, anyone?

~Augee