I recently traded for a new in the box full size AR version of the M&P 15-22. My experience to date has been great. Good shooter and while S&W advised to only shoot CCI and the like, it handled some cheapo bulk .22 I had laying around just fine. Mags are pretty cheap as well. The version you have pictured is the same product minus the stock and with a shortened barrel and forearm. I imagine it has the same performance. It's mostly composite but has a fairly decent heft and easy to breakdown and clean. However, if I had not gotten such a great deal on a trade, I doubt I would have paid list price.