I have one of the early CETMEs from Century with the stainless steel receiver. It has always functioned 100%, is very accurate and looks great IMHO. However, I have heard many horror stories from others with problems ranging from mis-aligned holes, canted sights and bolts that were ground down to fit. Having purchased mine back when they were $299, I seriously doubt that I would fork out the cash at today's asking price. I did contemplate buying a second CETME after they switched to the sheetmetal receivers, but changed my mind after handling a couple at a local shop. The rear sight was tac-welded in place and then painted over. There were other areas where it appeared to have been welded and painted over, and none of the welding looked very professional to say the least.
So...unless I could find another early one with the SS receiver at a good price, I'd have to pass on the CETME.
azimuth
PS- If you do end up with a CETME, invest in some VERY good hearing protection. This has got to be THE loudest rifle I have ever fired.