I cant really get to the specs about this particular gun as I'm on my phone, but if "hybrid" refers to the receiver being polymer, I would say 'functional AR' may be an overstatement. Plastic receiver AR are cheap for a reason. Adding the red dot and 60 round mag may attract some buyers, but from most accounts plastic ARs are not dependable.
If I was going the budget AR route, I would look into Bear Creek Arsenal offerings.
This is just my opinion of course, and good on Cesar for posting up a deal for his brothers in arms.