Believe it or not, just got my answer today,and they say it is legal! Here is the email from the DOW:
the verdict is in, The Regulation Review Managers and the Leadership Team have reviewed the new Federal B.O.R. Lock MZ system bullet and have determined that bullet would be a legal bullet to use in a muzzleloader during the Colorado muzzleloading seasons.
In regards to the See All Sight for a muzzleloader it has been determined that this is not an open or iron sight and therefore it would be illegal to use during the muzzleloading season in Colorado but could be used on a muzzleloader during "any rifle or other associated methods" season for big game
