I enjoy mine along with several other members of my family. I bought it about 2 months after they were introduced and since then have at least 1500 rounds through it. Modifications include a Tactical Innovations bolt buffer, SpeedBeez automatic bolt release, and a sling that's composed of two Blackhawk! single point sling adaptors *and uses the backpack strap* as the sling itself. That actually works very well - what is normally the shoulder pad becomes a nice buffer for the back of your hand/arm. Then, when you take the rifle down, unhook the "sling" and put it back on the backpack. I'm actually going to buy another backpack strap from Ruger and just leave the original one attached to the buttstock.
Oh, and an Alangator Trimag magazine coupler. I think that thing is singlehandedly the best bang-for-the-buck accessory in all of firearmdom, especially because of where I live, where the BX-25 magazines are illegal (or at the very least, on a post-ban manufactured rifle like this one - I'm not taking any chances.)
We shoot it, we clean it, we like it. It's not a competition rifle - I would say about 2 MOA is what you can expect, maybe a little better with good ammo. I have a cheapo Millett red dot 3 MOA sight on mine and it has held zero and continues to function. The rifle shoots "inside the dot" consistently. I should probably have bought a Bushnell TRS-25. I didn't want to spend a ton on a $350-or-so gun.
It's a FUN rifle, it's handy, it's decently-well made, it fits nicely in the backpack and because I live in a relatively non-free state I like the fact that I can put the bag in my car or carry it around without drawing undue attention to myself or the gun (I've actually put some black electrical tape over the Ruger logo to hide it even better). Rifles with folding stocks are frowned upon very heavily where I live but the Takedown doesn't ruffle any feathers. And you can stuff a lot of stuff into the bag and take the whole thing to the range for an afternoon of shooting. What's not to like? You can plink all day long and then zip everything back up and head home, no muss, no fuss.
Yeah, it doesn't have the same sight options as a regular 10/22 if you want to put it back into the bag with the scope still attached to the receiver. And your aftermarket stock options are limited. But small/medium red dot works great, and the rest of the gun is a 10/22 and responds to the same modifications.
In short, it's every bit a 10/22 and also half of one when you need it to be
. I haven't had any problems. I'd buy it again.
Pictures coming in a few minutes....
Full Confession: I used this guy's idea for the sling. It works great with the Blackhawk! adaptors, just tighten them down well. This is from the OTHER RugerForum (.NET instead of .COM).
http://rugerforum.net/long-arm-accessories/73321-cheap-simple-sling-10-22-takedown.html
As far as it being a "normal" .22 rifle, it has fired every kind of bullet I've put into it and done so accurately and without malfunction. Pretty normal if you ask me. Just my $0.02.
Update: Pictures Added Left Side
Right Side