Hey danedd, The FT wasn't really designed for customization period, much less mag-fed conversion. The FT is about the ultimate design for park rentals and low maintenance style/inexperienced players but that shouldn't dissuade you from owning it - it's a real beauty and an exceptionally clever design.
About any modification to these markers does change the game a bit for you, and given that you're pondering mag-fed I'll assume you want a mil-spec tactical feel. You won't get that with the FT. There's not really a Tippmann marker i dislike, but for all intents and purposes you've likely chosen the best introductory Tippmann marker in terms of feeling out the game itself which is key before investing in a bunch of mods and upgrades that ultimately don't change the game that much.
If you like to concept of the marker and its' ease of cleaning and maintenance but want more of a tactical feel, have a look into a used Cronus. If you like tactical and want a wealth of upgrade options both functional and aesthetic, go for a clean used A-5. X7's are much more expensive, and 98's are much more confusing (for new players).
Anyway, to get to the crux of the post, don't do mag-fed. Trust me man. Mag-fed works well in real guns and in airsoft, but there isn't a modification or a price tag that will drive you more nutty than dabbling in magazine fed paintball. Unless you know a large group of mag-fed paintballers, you're always going to be seriously short handed, carrying more gear and spending more money on something that truthfully no company has ever done a good job of manufacturing (for Tippmann specific markers).
That's where I circle back to the A-5 for you. The cyclone feed system is seriously awesome man, and just the design and dependability of that system will put a smile on your face. If you're trying to get rid of the ol' hopper, it works there too but putting a tap cap in place of the hopper at 10, 20 or 30 rounds for about ten bucks versus the hundreds you'll spend on mag-fed conversion. Slap a dummy M-4 magazine on her if that's what floats your boat and you have essentially the same thing but for a hell of a lot less money and a hell of a lot more reliable.
-K
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