Thank you for all the answers! And my apologies for the late reply, forgot to check the forum. It's good to know I wasn't about to have the thing blow up in my face.

I finally got to shoot the thing and it handles like a dream. I don't think I'm ever going to get a deal like I did for this Krag again in all my life either. The only real "issues" are the loose front sight and oddly stiff magazine cutoff lever but otherwise the thing runs like a champ. :D