My FFL will accept a C&R. They do however check every FFL through the FFLez site though. They shipped a gun to a FFL holder who had faxed them a copy, which is perfectly legal. However, the receiving FFL holder had been suspended pending an investigation. From that point on my FFL decided to verify every one of them. 30 seconds online beats the hell out of a month worth of hassle with BATFE.

My FFL is the one that told me he knows several other FFL holders that will not do C&Rs because they can't check them online. Especially on the weekends at gun shows when the Atlanta office is closed.