Ok, so I played with the gun for a few more days. its slightly better than previously anticipated, but by no means the best gun in the game. Here's my good and bads on it
Pros:
Decent medium-long range
Semi-Decent Close range
fairly accurate
Silencer does not affect hits to kill
Decent general use gun
Cons:
Low damage
Will always be outmatched by close range designed guns (UMP, etc)
Will generally be outmatched by mid-long range guns (m14, k2?, SCAR)
Desperately needs scope+silencer to be effective.
Slow run speed.
It still does not hold a candle up to the M416 or the M416 CQB. However, i tried the M4A1 CQBR and was very impressed. Better spread, slightly higher damage? (more likely to get a 3 hit kill). Drastic improvement between the two.
Its not a horrid gun as I previously rated it (I believe Nexxon's servers had extra high latency those days, and hitbox error was prevalent.) The damage is slightly higher than previously estimated. If they dropped the price 50-100 I would say it would be a good gun, but there are much better guns out there