Looks like a company is going to start making ARs from the old M16a1 parts kits.
I'm definitely interested in one.http://www.thefirearmblog.com/blog/2013/01/15/io-inc-retro-m16a1-with-original-colt-parts/
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I would wait a couple years before i bought an $800 rifle from IO. The IO pistols were pretty shabby. They were about like a Kel tec. Some ran great, others you had to tinker with to make them run right.
That thought had crossed my mind, but almost of the parts are colt, I dont think they could mess that up too bad... I hope.