boomslang
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No, the purchase of assault rifles is still available and really depends on state laws. There was no assault weapons ban there is just a specific regulation added where customers who purchase firearms at gun shows must undergo a background check. As far as assault rifles go that really depends on state to state laws. You can still purchase this specific Colt Ar-15 LE6920 in my state and there is same-day pickup, though to purchase a handgun I think there is a 10-week waiting period but not for assault rifles you simply undergo an instant background check and fill-out an application on site.
In Pennsylvania it takes about 30 minutes to buy a handgun or rifle. Fill out two short forms, wait while they do the background check, pay the guy and you walk with your new toy.