http://www.factcheck.org/2013/02/did-the-1994-assault-weapons-ban-work/
I kinda like this unbiased report. It starts by saying both sides cherry pick stats. Read and tell me what you think ..hell let me cut/paste key parts.
Koper, Jan. 14: What we found in these studies was that the ban had mixed effects in reducing crimes with the banned weaponry due to various exemptions that were written into the law. And as a result, the ban did not appear to effect gun violence during the time it was in effect.
But there is some evidence to suggest that it may have modestly reduced shootings had it been in effect for a longer period
And here is the part that LaPierre highlights:
Koper, Jan 14: In general we found, really, very, very little evidence, almost none, that gun violence was becoming any less lethal or any less injurious during this time frame. So on balance, we concluded that the ban had not had a discernible impact on gun crime during the years it was in effect.
But Koper went on to say that an assault weapons ban “could potentially produce at least a small reduction in shootings” if allowed to remain in place for a longer time frame.
Koper, Jan. 14: The grandfathering provisions in the law meant that the effects of the law would occur only very gradually over time. It seems that those effects were still unfolding when the ban was lifted, and indeed they may not have been fully realized for several more years into the future even if the ban had been extended in 2004.
The evidence is too limited for any firm projections, but it does suggest that long term restrictions on these guns and magazines could potentially produce at least a small reduction in shootings.
Other studies, he said, have suggested attacks with semiautomatic guns – particularly those having large magazines – “result in more shots fired, persons hit and wounds inflicted than do attacks with other guns and magazines.” Another study of handgun attacks in Jersey City during the 1990s, he said, “estimated that incidents involving more than 10 shots fired accounted for between 4 and 5 percent of the total gunshot victims in the sample.”
Koper, Jan. 14: So, using that as a very tentative guide, that’s high enough to suggest that eliminating or greatly reducing crimes with these magazines could produce a small reduction in shootings, likely something less than 5 percent. Now we should note that effects of this magnitude could be hard to ever measure in any very definitive way, but they nonetheless could have nontrivial, notable benefits for society. Consider, for example, at our current level of our gun violence, achieving a 1 percent reduction in fatal and non-fatal criminal shootings would prevent approximately 650 shootings annually … And, of course having these sorts of guns, and particularly magazines, less accessible to offenders could make it more difficult for them to commit the sorts of mass shootings that we’ve seen in recent years.”
Koper concluded by saying that “a new ban on large capacity magazines and assault weapons would certainly not be a panacea for gun crime, but
it may help to prevent further spread of particularly dangerous weaponry and eventually bring small reductions in some of the most serious and costly gun crimes.”