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My first AK was a Chinese Poly Tech Type56 with a folding bayonet. I got it in the mid-1980s for about $350, registered it under the Roberti-Roos 1989 Assault Rifle law in California, and sold it around 2000 or so when I went out on disability. It still hurts that I gave that one up. I kept all my mags, though, as I knew I would want another AK, and they passed a law grandfathering pre-2000 high caps in California.
I love ARs, and have been shooting the platform since 1974, and buying and building them since the early 80s. Both the AR and AKs have their virtues, but I think if I had to have just one, and live in the woods, it would be an AK!