I picked my Panzer M4 up from the FFL a couple of weeks ago, and just got the package from Dave's Metal Works in today, so I upgraded my M4 to a full 7 rounds, with the speedbar for the bolt release.
Overall, quality is pretty damn good, at least visually. The M4 parts that I've swapped onto the Panzer have all fit perfectly with the exception of a DMW oversize charging handle.
Here's the IMGUR album from installing the mag tube this afternoon.
https://imgur.com/a/xb7bRESHere's a side by side comparison with my Panzer and Benelli M4.
https://imgur.com/a/TTqM3Qs