I have had both.
I used a "reputable" jig, and it gave good looking flats, but the top rails are a bit off (to low) in the front. And the jig didn't come up high enough to give the rail a good sharp 90 degree bend.
and one hole tends to be off ont he front trunion, by half a rivet diameter. Don't ask me how.
I have had better luck using the "cut-with-a-dremel-and weld"
my trick, is clamp some 1 1/4 X 1/8" weld steel to the flat, use this as a dremel guide.
you can make perfectly straight cuts, leave tabs, lots of tabs, at about half thickness, and cut through all the way in other spots. "bend by hand" then mark the top rails, using your trunions to find the right fit. mark and cut and bend same as the first two, after you have a box made up, fit and clamp your trunions in place, with rivets in but not smashed yet.
P.S. make the cuts on the "outside" of the receiver.
here is the neat trick. use a wire feed gasless mig.
take small angle aluminium, L stock, small and thick is best. take small peices and clamp it in the creases of the receiver. now weld from the outside, and the aluminum can be easily popped out afterwards,. the weld won't stick to the aluminum. and it won't penetrate the aluminum, so no burn throughs, and perfect insides.
when welding, use medium speed and low power.
make short little tacks, about every inch, cool it, and repeat, you should take at least three passes to fill most of the cuts. build up some extra.
after you have all the cuts filled in and built up, undo everything, and take it to a belt sander/grinder.
make 90 degree angles you can make the receiver nice and sharp.
you will now have a strong, shapely shell.
mine it ugly as heck, I didn't think to do the aluminium trick, and I didn't build up the cuts enough to make tham all sharp 90s. but it runs perfect, and it a lot stronger than the normal bent flats, the welding hardens the metal, yet leaves other areas soft, so the gun is like a samuria sword...