Mine is scanned into the computer, along with state picture identification, ready for email it to a prospective buyer/seller.
Just one $100 purchase of tools/parts/supplies from Brownells will pay the three-year fee. Once in their system, one can see their regular price, and their discount price.
Vendors treat it as an FFL, which it is. The difference is that it is an 03, rather than an 01.
My fantasy? Performing routine trade work, and happening upon a widow with a basement full of boxes of assorted pre-1957 1911 frames [slides, etc]. All this loot is perfectly legal to purchase on the spot with your Type 03 FFL.
The people at the C&R department, should you have any address changes or questions, are very, very friendly. They WANT you to buy guns, and enjoy your hobby. We protect American firearm history.