After reading through it, I would post any questions you have to that thread and you should get a relatively quick answer
ETA: I have had my C&R for about 6 years and have made some decent purchases. Process is simple, apply to ATF and drop off/mail a copy to your Chief of Police for his/her records
You are just notifying your COP that you are applying for one. Just send them a copy of the application. They don't have to respond or sign off on anything.
Very easy. There's no discretion on ATFs end. Fill out the paperwork and wait. If you're not a prohibited person you're all set. Not sure how C&R pistols mesh with MA's stupid handgun rosters though. (Regarding whether vendors will ship here, or ship to ffl1, etc. )
Sorry to say but you missed what we refer to the good ol' times. Midway used to give discounts on them as did a few other select few. I've had mine for about 14 years now and even I got it on the tail end where you could grab up SKS's for under $100. I was the dummy who bought them and sold them, never thinking to keep them for any length of time....
What can you buy? Anything over 50 years old and some guns that are less than 50 years old but are on the C&R list (like Walther P1s for example).
If you are purchasing C&R guns out of state some sellers may accept your FFL03 others may make you go thru a FFL01 (licensed firearms dealer) in your state.
Keep accurate records of all your C&R purchases and if you live in MA you are supposed to register the guns through the Massachusetts Gun Transaction Portal.