Quoted:
Possible to do at least that well on a post-ban without the neutering (CDNN has a Colt M4gery for $1099), but I see you are in NY. It probably has the half-circle BCG (can you replace that with a full-circle M-16 carrier without doing time up there?); the extra mass is useful, and the shrouded firing pin even more so.
It is also muzzle heavy as hell, so you might want to send it off to ADCO for a little Jenny Craig treatment.
And the barrel might not be chrome lined.
I had the 20" version of the same rifle, and can't say I was really unhappy with it; just moved it on for other things I liked better. The prancing pony does count for something.
Moon
the MT6400C uses the same government 16" 1/7 twist 5.56 chambered chromelined barrel as the LE6920 just without the threaded muzzle. M4 feedramps, M4 cuts in the upper, F height FSB, painted T marks, H buffer, side sling swivel, carbine extractor spring and insert.