Just seen this on Redwolf's Facebook page:
"RWL in conjunction with VIVA ARMS have completed a fully working prototype of the famous MG34 in AEG format. Full aluminum CNC body with wood stock, and steel components including sights and tripod, the MG34 will clock at 350fps in factory form. Finishing surpasses the Shoei version. Comes with a drum magazine holding 1500 rounds. This version is completely redesigned from the first version from VIVA ARMS in 2008, and includes the gearbox magic of RWC engineers. Expected retail price is USD 1200 - 1500."
Sounds good, but by the time it gets to these shores you'll be looking at 1200-1500 Pounds what with Tax's and retail greed, I'm sorry, as much as I want one, I will not be paying that for a toy.
Armoury: AGM MP40, AGM Sten MkII, K98K/vsr and Maruzen P38.
I accept your apologie, now never do it again. 
I imagine the pricing statergy is high as they know as soon as they release it, a clone will be quick to follow. Everyone wins.
Armoury: AGM MP40, AGM Sten MkII, K98K/vsr and Maruzen P38.
Damn. I already smashed my money-box for the G&G Garand, M1 Carbine and AGM MG42...
But I 'love' a M34 so much.... 
