To an American at present it still sounds ouch. The thought of being at the mercy of a bureaucrat's whim as to whether the reason you want a gun is legit or not would worry heck out of me, but the anti's are trying like crazy here to get some judge, any judge to rule against the Constitution and we've got a fight on our hands.
Ah, the good ol' days. As a broke college kid I haunted military surplus stores which had military bolt guns literally by the barrel. I decided on a No. 1, Mark III SMLE (they were cheaper than Mausers at $35-$40) and was lucky enough to have a gunsmith friend of my dad's to look over the selection. $25 cash and carry and it was mine. Forms from the gov't, we doan need no steenkin' forms! Shot that gun for years. Surplus WW1 cordite-loaded rounds were 10 cents apiece in small quantity and the sights on the gun were set up for that round. I could drop rounds all day long in a tire way up on a chat pile (mining waste) at what the sights said was 800 yards. Loaded for it with a hand Lee loader. Never should have sold that gun!