Yup, I have one and have saved far more than the cost of the license. It is 100% the best deal going! Sure, you CANNOT have C&R firearms shipped to your door like you can in other free states, but you do get the following benefits:
Dealer Discount at many online merchants (such as Brownell's and Midway).
The ability to purchase a C&R eligible handgun at a gunshow (along with the proper permit to purchase!), and take it back across state lines with you (I have never done this, although as I understand it it is legal), which saves you shipping and transfer fees.
The ability to purchase C&R eligible long guns at a gunshow (along with the proper certificate of eligibility!) and forgo the NICS or transfer fee.
Sure, a C&R in NJ doesn't give you all the benefits that it might in other states, but it's still sooooo worth it. In my very first order from Midway I saved the cost of my C&R license, and then on my first order from Brownell's I saved it again!
Unfortunately, it doesn't allow you to own firearms that are listed on the NJ AWB (such as M1 Carbines
), but oh well.
I never did quite understand why CMP can ship to your door if you're an average joe, but even if the Fed's say you're A-OK to be FEDERALLY LICENSED you can't have anyone else ship to you.
Don't let anyone persude you not to get a C&R in NJ. I've heard stories that you'll be arrested, no one will sell to you, etc etc. Just remember that you live in NJ and ARE NOT ALLOWED to have firearms shipped to you and you'll be fine. Also, keep your bound book and never forget to enter any C&R eligible firearm in it. It's easier to enter it now then wish you had later.
BoreSighted also has a C&R, and he was kind enough to answer all my questions that I had before getting mine.