Oh yeah, I intend to grind down that logo. Also planned to hit the gun with a dremel wire wheel to remove paint. Adding the magazine parting line on the bottom is a great tip. You know, I could probably even drill a hole for the magazine release button and the glue a BB to it from the inside.
That screw seems tight in front, but there's still a gap between receiver and body in that area. Will experiment more. Anyone disassembled a Denix? Looks like 3 pins and one screw holding everything together. Might make it easier to strip and repaint.
Three main reasons I would have loved an MGC over this would be removable magazine, working safety lever and the ability to field strip it. But even if I found one available (tried) I doubt I could afford it. Still holding a small hope for a real scope in the future. Again, probably not in the cards.