OK, I know you guys are waiting for the big update... HERE IT IS!!!
I just got back from the test session at the range and I think it was a huge success!! I am smiling right now for sure.
My new favorite rifle is really a great shooter and everything worked perfect. I started on the 50 yard line, shoulder to shoulder with the AR-15 snipers

I shot the first round with a 6 o'clock hold and it hit the black maybe 2" low, so I fired 10 rounds in total:
Then I decided to move it out to 100 Yards and try it again. The first shot hit about 12" low, so it would appear this is a pretty slow moving projectile!!!
I raised the tang sight 2 full turns and tried again. I ran maybe 10 rounds through it and then lowered it 1/4 turn and shot this 5 shot group @ 100yds:
I finished off by shooting 3 rds of factory Winchester 38-55 JHP so I would end up with an even number of empty cases. Those 3 shots are at the top of the target.
Here is my final photo, one of this beauty sitting on the bench, resting between shooting sessions!!