I owned both the Jennings and the Phoenix and would say they both a waste of steel, but I'm not sure there was any real steel in them besides the barrels.
I bought the Jennings first, don't think I ever had a string of 20 shots without a failure of some sort but I will say that it never broke and was tolerably accurate, so you had one guaranteed shot and then 0-6 more shots, depending on how it felt.
I thought I'd step up and bought the slightly more expensive Phoenix. I had three of the sears snap and two recoil springs give up their tension so you had to push the slide forward to get the action in battery. Now the company did send me replacement parts for free but without being able to trust it for even a single shot it wasn't much use.
I also had one of those Llama .22s that looked like a baby 1911. Super cute gun that was garbage. Sig Mosquito, pretty cute and it was cheap so I thought "sure the reviews are bad, but with most SIG products as the bar, how bad could it be?" followed shortly by "Oh, that bad..." and quick sale.
Funny thing about arms is I think even the awful ones sold for about what I paid for them. I'd be tempted to say that the prize would have to go to one that hurt me or cost me a lot of money and I was about to say that never happened, but then I remembered... LRB M21.
Yes, the great hammer-forged true-to-spec M-14 pattern legend. That's the one, and mine was awful! I mean a 6" gun at 100yds worth of awful. Changing parts up to and including the barrel could not make this rifle shoot. Hard to give up on it and even harder to have a cheap Polytech be far more reliable and accurate. That's a hard pill to swallow right there.
Did the Phoenix .22 come from the previous Jennings .22 family tree ? I bought a Phoenix .22 about 3 years ago with the short barrel and the long target barrel with two mags for I think less than $100. I shot a few hundred rounds through it at one time and my buddy and I had a blast with it, fun little gun and we had zero failures. I pulled it out to use it after it sat for a year and the mags would no longer lock in place. Sent it in for service even though I wasn't the original owner, got it back in a few weeks working good as ever and they threw in two free mags too ! Great experience with an inexpensive gun. Anyone else have one ???