Not quite. The AR-18 was an economical design for countries without a lot of money for small arms. (Hence the stamped steel construction.) It has good ideas that have become the current short-stroke piston paradigm, but it was not designed as an improved AR-15 outright replacement.
Cheap stamped steel construction like the $4000 Swiss Arms rifles?
Do some reading, what I've read on sites like AR180.com says Stoner designed it as a cheaper to produce rifle that had a better/more reliable operating system. It wasn't originally for poor countries but it may have ended up going that way when the US military said no.
It's a great rifle and design that was perhaps made a little worse when Armalite made it into the 180 with the polymer lower. I personally don't see the polymer lower as a negative since most of the failures occured on a batch of rifles they built with a bad batch of polymer (most of which were sold in the US) which Armalite warrantied, any rifles still surviving were probably not from that batch and shouldn't have any issues as long as the user doesn't release the rear latch and let the upper swing down and slam the lower which would probably break an AR as well if you had a 19 inch barrel hanging out front.
I love my 180 but realize there are better rifles out there, my ACR is light years ahead of it for instance and even though the AR-15 is restricted I would still take mine over the 180 in a SHTF scenario.
The prices they seem to be going for lately make me shake my head, I think $1600 is the max I would pay for one, that would also be for a good condition original one, if it had the MI railed forend and/or the Stormwerkz stock adapter I would knock value off.
Yes and no...... When I see the hype for something like a semi-auto SMG with a magazine capacity of 5 rounds (Sig Sauer MPX) for over $2000......I wonder if people have a problem with money when they really want something.
I would not even pay $500 for a restricted semi-auto subgun with a 5 round mag.....what is it for? Simply to impress people at the range......C'mon!
You may be forgetting that some people only shoot at a gun range so a restricted classification means nothing and that rifle would get used just as much as a non restricted rifle.
And it's not about impressing anyone, some people just really like the AR-15 or other restricted firearms and enjoy shooting paper, gongs, doing 3-gun, shooting service rifle, along with whatever else they like doing at the range. If a person is in to 3-gun there really isn't a better choice for your carbine than an AR-15, restricted or not it's light, accurate, and reliable and there really isn't another rifle available in Canada that can compete with it for that shooting sport.