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But is the cost and effort of setting-up/administering/maintaining a registry worth it to deter people from selling to nefarious people? Of all the ways crims can get hold of guns, what proportion...

Define "very best of your ability" and "every possible step".

Should a FAL holder be spending $1000+ on the security of, say, a $200 .22? Raising the security requirements could be seen as an...