It that essentially a Mini 14 chambered for 7.62?
7.62x39 Russian (AK-47 / SKS cartridge).
Mini-14 has 2700-2900fps speeds with 55grn bullet. It relies on speed for kill power. Shoots much flatter than the 30. .308 beats all of them. I have a M1A for that duty. I'm not sure what it's worth in today's dollars, but It was half the new Ruger price when I bought. Ruger looks cool, but I don't think I'll be investing in cool until the price is around $1500. A new president and some competition and the price will go down like after Clinton.