Quoted: Check out this website for Model 1 Sales: http://www.model1sales.com/item-detail.cfm?ID=UDE160CL&storeid=1&image=udispre.gif You'll have to cut and paste it onto your browser as my computer-fu is weak! I bought an M-4gery Upper from them last summer. It was a high quality unit in my opinion. Just as good as Bushmaster but for a lot less money. You pay damn near as much for a Bushmaster Upper as you would pay for a new Busmaster at the gun show! You should be able to get a decent complete lower for around $250 or so. Hope this info helps. Good Luck!
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+1
I'm really happy with the M4gery I built with the Model 1 kit- upper fully assembled, headspaced w/ Bolt, BC, CH on a FlatTop w/carry handle, lower parts, 4 Pos collapsable stock and PG for around $585 delivered.
+1 again, As far as a lower, get with Teknic, he's got Mega's for about $98 inclu tax.
Tweak nailed it though- Freefloat and FSB will sink the $700 deal, unless you get lucky at the gunshow AND have a few items to trade/sell to offset the cost..
Increasing the budget to $850 seems right, check out the Model1 site, they offer those options & upgrades at a reasonable price.