I couldn't find this reported anywhere, sorry if this is a known bug.
If you change the bullet type of guns like Spas or M79 (don't use bullet type 1) to have bullet type 1, the bullet does not appear.
I think that 'bullet.bmp' should be the graphic used for weapons using bullet type 1. However, 'bullet.bmp' is used by the stationary gun, so maybe a 'm2-bullet.bmp' graphic would be handy (to make modmaking easier).
If you change the bullet type of guns like Spas or M79 (don't use bullet type 1) to have bullet type 1, the bullet does not appear.
I think that 'bullet.bmp' should be the graphic used for weapons using bullet type 1. However, 'bullet.bmp' is used by the stationary gun, so maybe a 'm2-bullet.bmp' graphic would be handy (to make modmaking easier).