The bolt is not an modded AK bolt.
It is a blow-back bolt (it doesn't have bolt carrier):
The barrel on the Erie models is a PPSh barrel.
It is pressed in the
existing AK trunion.
It protrudes a lot more rearward from the trunion,
in the vicinity of the front of the mag.
It uses PPS mags because lately in US they are
a lot easier to find (and cheaper) than PPSh mags.
http://www.militarygunsupply.com/shop2/index.php?main_page=product_info&products_id=198
The model with the PPS magwell welded to the receiver
is the earlier model. Erie now uses another system
to hold the PPS mag (like the model in the first pics in my last post).
They claim that the receiver is convertible
back to 7.62x39, but I'm not convinced.
In any blowback system in rifles, 7.62x25
beats the crap out of the receiver.
All AK conversions in that caliber (blowbacks)
need major mods for spring and buffer.
I don't have pics of those. Both were blow backs.
The 7.62x25 had large notches in the receiver (similar to a 10/22 receiver)
in order to accept the PPSh drum,
which doesn't have a neck like the AK drum has.
Those notches reduce the strength of the receiver
and they need reinforcements (braces, splints, etc.).
Have a look at previous pics in this thread to see AKs
with PPSh drums to see how they look like.
I don't know how good the VZ's worked.
Other than PPD, PPSh and PPS, I am not aware of
any blow back rifle in 7.62x25 that works good, including AR's.
7.62x25 has a terrible recoil, and is probably the only pistol cartrige
that
needs a gas-op system in rifles.
For me, that was one major impediment in making an AR upper.
The second issue was finding a 10 rnds pistol mag:
http://www.canadiangunnutz.com/forum/showthread.php?t=358829
This is an AR15 in 7.62x25 with gas-op upper.
Apparently it has recoil at least as strong as a 5.56.
http://www.youtube.com/watch?v=XBR0AT3ZCGI
http://www.youtube.com/watch?v=pNH8e5h919U&feature=related