Went "up north" with a friend and finally got to shoot my Krebs Custom AK-74M (not really M but that's what they call it). We set up a target at about 75-yards in an abandoned quarry nearby the cabin and I set into my first mag of Barnual FMJ. I was a bit surprised when it jammed not once, not twice, but three times in a single mag. I was a little frustrated to say the least, but I was much relieved to find that it was the well-used East German bakelite that was the cause of the trouble. All my other mags functioned perfectly and it settled into perfect reliability. Now, jams aside I scored two bullseyes in my first five shots, with the other three crouded around them in about a 3" group. To top it off I was firing from a standing position and completely unsupported. Each consecutive five-shot group was about the same, and I never even felt the need to fire from a supported position under the circumstances. I never had to adjust the sights either.
Needless to say I'm very impressed with this rifle, and dressed in Russian laminate it is both extremely attractive and a dream to shoot. I guess since it is the only AK-74 clone I've ever fired, I can't compare it to anything else in 5.45, but I'm sure it must be among the best.
I hope to shoot it under normal range conditions soon, but for now my gravel-pit shoot is enough to tell me I've made a very good purchase.