.22 conversions for the AR-15
I bought my Atchisson conversion for the AR-15 in 1982 from Bro-Caliber International in Cincinnati. It was very rough and didn't work very well. Based on a 1985 article in SOLDIER OF FORTUNE Magazine I sent my conversion unit off to John Norrell Arms (now in Little Rock, Arkansas) and paid him almost $300 to tune it up so it would work. IT WAS MONEY WELL SPENT! As long as I keep the unit reasonably clean and well lubed and use good ammo, it'll shoot all day every day. (www,johnnorrellarms.com) (I don't know if he still adjusts conversion units like that or not . . . )
In late 2008 I bought a Smith & Wesson 15-22 rifle. I had a very early one, and I had to ship it back to the factory to get the extractor replaced. I've found it to be very reliable and not ammo sensitive at all. I have a Vortex Crossfire RDS scope to mount on it -- maybe this week yet.
I find using .22 conversions or equivalents for both handgun and rifle to be very useful BUT I only use them for basic skill maintenance and recreational shooting. I shoot them a lot on accuracy drills at 50 feet on an indoor range, particularly in the winter. With the AR I use a 1/3rd scale IPSC target I found on the net.
A couple people in my gun club have bought the Tippman Arms AR-15 type rifles in .22 and they really like them, but I haven't had a chance to fire one yet.