Yeah, take it to be another year or so. Of course, we may be in for a suprise this summer. Benelli hasn't updated their web site for 2002 yet.
I really don't think civilians have anything to gain buying the M4 over the M1 tactical, except for the Picatinny rail maybe. However, I would much rather have the ghost rings sights. I think a red dot, Trijicon or Eotech would be a little bit excessive on a shotgun.
Anyway, I played with the thing at the NRA Show last May, 2001. It weighs 8.2 lbs without accessories. The receiver is beefed up so it can handle DEPLETED URANIUM slugs (acdording to the rep...I would like to more about DU shotgun slugs) used to blow steel doors off their hinges. A basic M1 receiver was being beaten to hell due to these super power 3" magnum loads (whatever they are).
Another factor in going to the ARGO gas operating system, according to this rep, was that the M1 tactical, due to the Benelli inertia recoil system, would not cycle when outfitted with all the crap the Marines and Spec Ops wanted on their shotguns: night vision equipment, tactical lights, turbo-laser cannons, etc. This is because the std. Benelli inertia recoil system needs the gun to move back an inch or so from its original firing position in order to cycle.
Anyway, I doubt it would be worth waiting for the M4 unless you absolutely would want to have a M4 with that collapsible stock and a 5 shot capacity just to say you have a M4. I'm planning to get a M1, std. stock, 7 shot capacity and ghost ring tritium sights. I think I'll be set
themao