I used one like in your picture a while. Cheek weld sucked. Got a Taran converter to use an AR tube and magpul AR stock. It will not fold but collapses pretty short. I have a factory collapsible stock for sale.
If you are looking for a good deal in a serious limited gun. The cheely thatwas advertised here is it. I would shoot limited minor at local matches and major if you are interested in winning a classification. I handled it last week has about a 1.5 pound trigger.
Most of the guns you are looking forage sold in the uspsa community. I know a guy with a great deal on a Cheely limited gun in 40.
I would buy it but I got a great deal on here for a DVC Limited in 40 and I am having difficulty in transitioning from 9 minor to 40 major.