Wow, at that price, it sounds like a perfect candidate for a conversion to 7.62x39. Cheap ammo, 200 yds capability easily, relatively accurate. You can get a prechambered barrel, mag spacer, and new follower from Numrich for about $100, maybe a bit more. Maybe a little extractor work for feeding and such, but not much. Get a cheap blue job and you're done. You could probably get it all done for $200-$250, including parts. And if you ever sell it, you're going to make a good bit on it. I see them selling on auctionarms and gunbroker for $350-$400 or more in fair condition, without a scope.