Not dangerous. Just unpleasant/not fun/tooth rattly loud.
Also, some silencer manufacturers will not warranty a can used on a sub-7” .300BLK depending in ammo. Also, apparently sub-8” .300BLKs may be more marginal running subsonic ammo and especially with a can on the end.
So, if you choose a .300BLK - be aware you’ll probably need to double-up on ears and you may have to tune it to run subsonic ammo in particular.
Oh and also that the sub-8” guns may have a smaller range of effective ammo types (i.e., only one or two rounds that are good performers).
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So all of those caveats in place - an 8” .300BLK with a LAW folder will get you to around 18” folded up and not have the issues a 5.5” Rattler might have.
Craig hit - the Rattler is kind of niche weapon, but if you’re in that niche, you’re going to like it. I don’t think I’m in that niche. I also don’t think I want to be limited to a couple of choices for terminally effective anti-personnel ammo. I’m leaning the other way from a 5-8” barrel in a PCC, I know virtually every decent hollowpoint will get me 15-18” of penetration, full expansion, and minimal fragmentation. Lighter bullets (e.g. <115 grain) at +P and +P+ velocities might be overdriven, but any current “list” duty/carry ammo should be as near to 100% as it is possible to get in the world of terminal ballistics.