Steal or a deal... not sure, but it seems to be highly sought after with most dealers currently out of stock.
From the CDNN Sports website, "The Colt M4 OPS is a “true to the original” replica of the current version of the M-16 machine gun issued to special forces operators in the U.S. Like the original, the replica features a Ops length barrel, collapsible stock, and quad skeleton forend with accessory rails. Like the military issues, the upper and lower receiver is made of high quality aluminum. The Colt M4 Ops Semi-Automatic Rifle in .22 L.R. is manufactured exclusively by Walther under license from Colt. It is the only genuine Colt tactical rimfire replica available in the world."
CDNN Sports has at least 3 in stock on sale for $349.99 each plus S/H.
https://www.cdnnsports.com/colt-m4-ops-22lr-quad-rail.html
JSE Surplus has 6 in stock on sale at $365 each plus S/H.
https://www.jsesurplus.com/coltm422lrops30rdrifle.aspx
From the CDNN Sports website, "The Colt M4 OPS is a “true to the original” replica of the current version of the M-16 machine gun issued to special forces operators in the U.S. Like the original, the replica features a Ops length barrel, collapsible stock, and quad skeleton forend with accessory rails. Like the military issues, the upper and lower receiver is made of high quality aluminum. The Colt M4 Ops Semi-Automatic Rifle in .22 L.R. is manufactured exclusively by Walther under license from Colt. It is the only genuine Colt tactical rimfire replica available in the world."
CDNN Sports has at least 3 in stock on sale for $349.99 each plus S/H.
https://www.cdnnsports.com/colt-m4-ops-22lr-quad-rail.html
JSE Surplus has 6 in stock on sale at $365 each plus S/H.
https://www.jsesurplus.com/coltm422lrops30rdrifle.aspx
