Convert Your Semi-Auto Rifle to FULL-AUTO for Only $369 -- No License Required!

[LAGC]

(Mods, I'm purposefully posting this here and not in Outdoor Life, because I want to discuss its gun policy implications.)

Have any you guys and gals heard or seen this little accessory yet?

http://www.youtube.com/watch?v=l0BgLk1i9yY

http://www.slidefiresolutions.com/Product-SSAR-15.html

What do you think? Technically its completely legal under current law -- its not a mechanical device, but relies solely on "bump energy" with the stock bouncing in and out to assist in guiding your trigger finger back-and-forth in rapid motion, simulating full-auto operation.

I think its a pretty cool innovation, but it definitely raises questions: does this violate the SPIRIT of the law? Is it a "loop-hole" that needs to be plugged? Should such a device be banned or required to be registered under existing 1934 NFA regulations because it makes it too cheap and easy to simulate full-auto? Which begs the question: why should only rich people be able to afford and enjoy full-auto? (The cost of all the ammunition aside.)

I'm thinking of buying one (or more) and just sitting on them in case some nut-case decides to use one (or something like it) to mow down a bunch of kids, like that right-wing asshole in Norway. If the government did it like the 1994 Assault Weapons Ban worked, it might be legal to own "pre-bans" but not "post-bans" -- and I'm sure the going prices for the remaining supply will sky-rocket. Could be quite an investment.

Your thoughts?