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Thoughts on this?

But it does. I just wonder what the law considers a "casual trader", versus an unlicensed dealer...

This is the scary part about the law. It is the grayest of gray areas. The ATF has worded as....

"a person who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms, but such term shall not include a person who makes occasional sales, exchanges, or purchases of firearms for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms."

Some crafty agent or lawyer can cut that statement up and manipulate to fit whatever agenda they have. Then youre Fd in the A. Once youre in the court system you are either going bankrupt or going to jail. Uncle Sam wins either way.
 
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