What was the price? The ones I'm seeing are about $400. Personally, I would get a 10/22 and purchase an M1 carbine replica stock and Tec-Sights. You'll still be around the $400 price but it's a 10/22 and they're a proven design. Plus you'll have fun putting it together. Also, I believe the Chiappa M1 22 has already had a recall.
They wanted right around 400 bucks for it. Wasn't thinking much about buying one....just seemed a neat alternative. The Ruger 10/22 stock in M1 Carbine replica sounds interesting
This - my wife has a 10/22 conversion. It's not quite as authentic looking as the Chiappa, but it's metal. I even made a faux M1 magazine with a hacksaw and epoxy putty.