For some perspective, I gave 1100 for my 6520 Colt A2 carbine on inauguration day 2009 (yes I was that guy), so I would call that a good deal. I would have probably bought a flat-top if it was available (the Colt was all I could get my hands on), and I knew what I know now.
A couple things to think about: If you want something other than iron sights, you have 3 choices: use a somewhat goofy dog-leg mount, mount the optic WAY up on top of the carry handle, or change the upper receiver. I decided I wanted a red dot on my carbine, so I changed the upper. Not at all hard to do...it took me about an hour....but it ruins any collectible value it had. I suppose I could always put the old upper back on, but I don't plan to ever sell it anyway.
Also, the barrel was slightly canted from the factory, which the new upper fixed as well. I should have sent it back, but I was having too much fun shooting it, even with the windage screwed all the way over. Just goes to show that even paying a premium for a Colt doesn't guarantee perfection.
If it is in fact a 6520, it also will have a pencil barrel. Mine is not terribly accurate.
The A2 sights on the shorter sight radius of the carbine make the adjustments a little goofy. The sights are designed for a 20" rifle, so instead of 1 click=1MOA, 1 click=.78MOA or some such; I'd have to look in the manual, which is the problem. The distance markings on the elevation knob for the rear sight will also not be correct. I'm not sure the detachable handles are calibrated for carbines either, though.
Anyway, I really like the gun, and the rampant colt and LE-only roll marks make me smile every time. It has been totally reliable and never had a stoppage, although I'm not as hard on it as a lot of guys here. If you want to mount an optic, don't be afraid of the S&W, they are supposed to be good guns. If you want irons, carbine length, and the provenance of a Colt, get the 6520. I personally would rather have a 20" if I was wanting an A2 style Colt (which I do).