Did some more reading and found the exception clauses: Line 5 Section e
)(e)The provisions of this section shall not apply to:
(1) Any firearm (including any firearm with a matchlock, flintlock, percussion cap, or similar type of ignition system) manufactured in or before 1898;
(2)Any replica of any firearm described in paragraph (d)(e)(1) of this section if such replica:
a. Is not designed or redesigned to use rimfire or conventional centerfire fixed ammunition; or
b. Uses rimfire or conventional centerfire fixed ammunition which is no longer manufactured in the United States and which is not readily available in the ordinary channels of commercial trade;
(3)Any shotgun, which is defined as a firearm designed or intended to be fired from the shoulder and designed or made to fire through a smooth bore either a number of ball shot or a single projectile for each single pull of the trigger;
(4)The return, by a licensed pawnbroker, of a firearm to the person from whom it was received;
5)Transactions in which the potential buyer or transferee holds a valid concealed deadly weapons license pursuant to §1441, §1441A and §1441B of this title; and[/b][/i][/u]
(6)Transactions involving a "law-enforcement officer" as defined by §222 of this title.
This should mean a CCDW holder who is delayed would continue to operate under the original NICS rules of 3 days