Olympic Arms
I have an Olympic Arms upper in .45 acp and have been very happy with it. I too have considered turning it into an SBR -- it would be like having a 21st century version of a "Thompson" -- semi-auto only. But I hesitate making myself a blip on the Fed's radar.
I only have two complaints:
- The upper uses a wire spring ejector instead of the solid metal "finger" that 9mm conversions use.
The wire-spring vs. solid ejector speaks for itself - so no elaboration. Don't know if this is the set-up in all Olympic conversions and I've experinced absolutely NO problems... but I've not had to stake my life on it either. Definately something to consider.
As RRTX aluded to earlier, it uses a modified UZI 45acp conversion magazine. The capacity is only 16 rounds -- more than my colt but 36% less than a Thompson with a 25 round mag!
I have seen conversions that use M3 magazines (interesting) and some rumors of using Thompson mags (very interesting). The problem is that these magazines will not fit in the conventional AR lower's mag well without considerable/problematic gunsmithing to the lower.
There is an option using a Calvary lower. These are specifically advertized to take M3 or Thompson mags and Brownell's sells a converion block to retain the mag. But going this route requires the use of a fixed butt stock (integral with the MkII lower)... kind'a defeats the purpose of doing the SBR thing
Sorry to digress in addressing the original discussion.
Wish you luck... but a pistol caliber "rifle" is at best a carbine. Still, turning it into and SBR with a collapsing stock would make a fine little bang-bang!