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Well, although I agree the BATF can stick it where the sun doesn't shine, the M855 has significant capabilities: it will penetrate 1/4" steel plate at 200 yards. You could make a pretty good impression in the legislature by holding up a scary-looking piece of steel plate full of holes and scaring the snot out of everybody in the room.

Penetrating protective vests is a totally different topic, really. As has been said, virtually any normal rifle ammo will do that. Apples and oranges.

In any case, as government powermongers are prone to say, "a decision has been made here." Yes, they're allowing a period for public comment, but that's because they're required to. It's the law. So while you're writing all those serious essays, they are, figuratively speaking, drumming their fingers on the table and examining the ceiling. Trust me.