"Since the BATF has no record of what I buy using it I would also assume that any audit procedure would either be initiated by a random draw, or information from 001 dealers indicating you are buying a lot more than a normal collector would be buying"
That used to be the case,however on the last 2 renewals they ask for number of acquisitions from C&R holders just like 01 FFL's.
I think that its more of a random draw thing as well.
To get a good poll on in person audits you might do better on a C&R board : (
http://parallaxscurioandrelicfirearmsforums.yuku.com/bparallaxscurioandrelicfirearmsforums )
I have heard of them doing it for C&R's but no real problems,especially if you can opt for the in office one.
