Hope this is not too lengthy, but you caught me in the middle of neuro, so this stuff is fresh on my mind.
Nicotinic acetylcholine receptors (ionotropic/ligand gated) are found at the neuromuscular junctions. So these would involve motor neurons. Some of these receptors can occur in preganglionic autonomics however (along with Muscaranic receptors......I know, that's tricky stuff).
Muscarinic acetylcholine receptors (metabotropic/G-protein coupled receptors) are found on smooth and cardiac muscle fibers and on many different neurons. For example, acetylcholine, when applied to a muscarinic receptor on cardiac muscle, causes the increase opening of K+ channels and the initiation of a slow IPSP (slowing down the heart).
A few examples of terminals with Muscarinic acetylcholine receptors are:
1. Thalamus (Reticular Formation)
2. Cerebral Cortex and Amygdala (Basal Nucleus)
3. Hippocampus (Septal Nuclei)
4. Local connections such as between the caudate nucleus and the putamen (components that make up the striatum)