Sadly, everything he says is true...
I bought my 16” mod 1 new from Adelbridge in SanAntonio. Jim delivered 3 to them, employee bought 1,1 was reserved and I was able to buy #3.
I have bought some parts as they have become available, including a 14.5” barrel. One day I’m going to call Jim and see if I can pay him to install it on my upper.
Most reading this think this is stupid, once you own one, you will get it.