I have one, I really like it too. At first the slide/frame interface is a bit rough, but it does smooth out. No problems related to this, but it just doesn't feel as nice as some other pistols, but its also quite a bit cheaper than those.
the trigger, when new is kind of gritty and a bit long. It gets better just by shooting it, or you can smooth out the striker channel. Also there are some cheap upgrades from a guy in the states, and he ships here. these make it way better. Trigger is smoother and has a shorter reset, and lighter pull than any Glocks I have shot.
I did have an occasional failure to extract, but it was really rare so it was hard to track down. I finally found it to be a slightly bent ejector. Since I straightened that out, its not a problem. I am pretty sure I did that too, with my first time field stripping it. I left the ejector in the up position and stuffed the slide back on, tweaking it.
Those are the only real problems/issues with it. Its easy to take down, easy to clean, eats anything, is accurate for a short service pistol and its reliable. And, as you point out its cheap! Fits the hand great, with the swappable back strap, and its nice and slim while still having a nice grip.
its very pointable with the low bore axis. this also helps keep muzzle flip down.
I have the black one, and it looks great too.
I use mine for IDPA and just for fun at the range, and its great for that stuff.
I have a 15# mainspring and stainless guide rod for shooting lighter target ammo, a shorter trigger reset and a spring kit in mine. I also have a Comp-Tac Minotaur holster and double mag pouch for it. It all works really well and even with the expensive holster and pouch, and all the little bits, its well under the cost of most other pistols.
Oh, you will have to get a case for is, as the stock plastic case doesn't have a place to put a lock thru it and its frankly, cheap crap.
