Quoted:
I'm sure someone (tony_k) will correct me if I'm wrong but the only "factory M16 registered receivers" in the registry are Colts. (snip)
To my knowledge, the transferable factory M16 registered receivers are Colts plus 100 receivers made by Group Industries from stainless steel (instead of aluminum). The GI SS receivers are slightly heavier, of course, but also
way stronger. If I wanted a bulletproof M16, I would look for one of those.
There also are rumored to be four to six transferable factory M16s registered by Bushmaster. I say "rumored" because I am not convinced they are original receivers made and anodized as FA prior to May 19, 1986.
There really is nothing wrong with conversions, except that very few were reanodized after the milling-and-drilling process, which left soft alloy exposed. An unfired or low-mileage conversion, if in-spec, could be anodized and be as strong as a factory M16.
A second issue with conversions is that many of the host receivers were either not 100% in-spec, or had occasional issues with porous metal. Remember, before 1986, most clones were not built with precision shooting or long-term wear in mind ... they usually would not pass milspec tests. So you find conversions where the host has a too-high top deck, or too-tight out-of-spec magwells, or voids in the forging that make repairs difficult or impossible. With the exception of voids, all can be repaired and brought back into spec, then the receiver re-anodized ... though repeated anodizing also has a price.
My ranking is to place factory Colts at the top, because so much of the M16 development was done by Colt, though an SS GI receiver could arguably be better for someone who values durability over originality.
Next I would rank Colt SP1 conversions –– yes, I know the front takedown pin is the wrong size, but it can be remedied by either using large-pin uppers, an offset pin adapter, or sleeving the holes so you can use milspec uppers. The upside is that the receiver quality and attention to milspec is far higher than the clone hosts.
I would rank non-Colt clone conversions next, followed by rewelds. And purely personally, I would place rewelds and remanufactured receivers at the bottom –– rewelds, because the welding process introduces weak points, and remans because I have serious reservations about their legality and thus long-term ownership.
RDIAS have their own set of problems:
––They were made by several C2s, and since there is no milspec, dimensions can be all over the place. Some are truly plug-and-play; others require tuning and fitting to each host gun and each upper. (And a seller will always swear they have no problems with theirs.)
––In addition, I have reservations about what would happen in a catastrophic failure –– I have seen KBs that scattered parts all over the range, and rarely do you recover 100% of the pieces. An RDIAS is tiny and if you find 99% of the gun but the missing 1% is the RDIAS, you just lost $15k. Yeah, that's prolly a long shot –– but so is a KB. I've found that most RDIAS owners run their guns harder than owners of transferable receivers, though, so to me it is not farfetched.
––Finally, I know of several "RDIAS" that are circulating out there on valid paperwork, but the RDIAS themselves are not original, and IMHO are just waiting to be confiscated by ATF. They were either illegally replicated, or else started life as RLLs and suddenly were transformed into RDIAS. IMHO, neither is legal.
Just some things to think about. As always, Your Mileage May Vary.