I've seen one in person. I was not impressed. Don't get me wrong, lever action rifles are fantastic, and can be great defensive weapons. This one isn't, here is why:
1) Its a .30-30, fine for deer or other game getting, but not a good home defense round
2) The quality of the "M4" stock is horrible, cheap feeling (probably) Chinese plastic
3) The rails are the same quality as the stock
4) The place it makes the most sense to have a rail, the top-for optics, there is no rail
5) The action is rough and the trigger sucks
Now, if it was chambered in .357 Magnum, with a top rail, a solid stock, and a slick lever and trigger, it would be something.