When I bought my carbine, I too found the looseness in the stock annoying, and the rattle pegged my cheapo-meter.
I bought a rubber slip on butt pad, and that served to quiet the rattle and made the stock seem less cheap.
After using the rifle a bit and getting used to the way it handles, my annoyance at the loose feeling has gone away.
The adjustability of that stock is a huge bonus. It fits everybody, and my wife shoots that rifle far better than any other for that reason alone.
Buy the rubber pad, and use the rifle a little bit. I'm betting you will learn to love that stock like all the rest of us did.
If you must... magpul makes some nice upgrades for the AR furniture.
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