I've had at least two of these. The first was an original (back in the late 1980's). They never functioned particularly well, and accuracy was poor. The stock's buttplate can crack if you leave it in the heat (it turns brittle over time).
Agree with JJ...
Ruger's new "take down" 10/22 looks appealing as does a traditional "youth" 10/22 (16" barrel) with a Butler Creek folding stock.