Read the agreement!
SECTION I.1
b. External locking device. As an interim measure, until the implementation of I.A.I.C., within 60 days of execution of the Agreement, each firearm shall be supplied with an external locking device that effectively prevents the operation of the firearm when locked.
c. Internal locking device. Within 24 months of execution of the Agreement, each firearm shall be a built-in, on-board locking system, by which the firearm can only be operated with a key or combination or other mechanism unique to that gun.
d. Authorized user technology. The manufacturer parties to this Agreement shall each commit two percent of annual firearms sales revenues to the development of a technology that recognizes only authorized users and permits a gun to be used only by authorized persons. Within 36 months of the date of execution of this Agreement, this technology shall be incorporated in all new firearm designs, with the exception of curios and collectors’ firearms. This requirement does not apply to existing designs currently in production.
(Lemme get this straight: Taurus is a sellout, because they started to equip their guns with internal lock that you can select to use or not. S&W signed this, commiting to paragraph "c" that indicates it can only be operated with a key, & then section d. Ok...I guess.. )
SECTION 2
e. Large capacity magazines. No pistol make or model designed after January 1, 2000 shall be able to accept magazines manufactured prior to September 14, 1994, with a greater than 10 round capacity, and such models shall not be capable of being easily modified to accept such magazines. Nor shall ammunition magazines that are able to accept more than 10 rounds be sold by the manufacturer parties to this Agreement or their authorized dealers and distributors. See Part II.A.1.h., below.
(Ok, so now all previously manufactured magazines over 10 rounds cannot be sold by dealers or distributors. Naaa..this isn't the anti's talking, now is it?)
D. Illegal firearms. The manufacturer parties to this Agreement shall not sell firearms that can be readily converted to an illegal firearm, that is, a weapon designed in a manner so that with few additional parts and/or minimal modifications an owner can convert the firearm to an illegal fully automatic weapon; nor shall the firearms be designed so that they are resistant to fingerprints.
(Pretty vague language here, huh? I wonder who decides what constitutes "readily"? Does this sound anything like our last president? I'll give you a hint: "It depends on what your meaning of "is" is.....")
SECTIONII A
h. Not sell ammunition magazines that are able to accept more than 10 rounds regardless of the date of manufacture, not sell any semi-automatic assault weapon as defined in 18 U.S.C.921(a)(30) regardless of the date of manufacture, provide safety locks and warnings with firearms, as specified in Section 1 above, and sell only firearms that comport with the design criteria of this Agreement.
C
3. To adhere to the following procedure for multiple handgun sales. If a purchaser wants to purchase more than one handgun, the purchaser may take from the dealer only one handgun on the day of sale. The dealer at that point will file a Multiple Sales Report with ATF. The purchaser may take the additional handguns from the dealer 14 days thereafter. This provision shall not apply to sales to qualified private security companies licensed to do business within the State where the transfer occurs for use by the company in its security operations.
Hey - there's more, but why waste the bandwidth. But if you believe that there is another gun manufacturere out there that has done this kind of damage to the RKBA, and you don't believe that every purchase of a S&W doesn't further the cause of the anti-gun lobby.....
....well, the most dangerous enemy is one who thinks he's your friend.
Sorry guys - S&W is no good, unless they
legally remove themselves from this agreement. Stalling the implimentation just won't cut it.