I've had my share of BHP moments.. competing at CFSAC a few years ago, i noticed i was shooting quite a few more "hostages" than i was intending to.. after the match i noticed my front sight had just about migrated off the frame and had to get re-staked.
This, of course, in addition to the usual litany of FTE's, double feeds and so -on usually attributed to the magazines.
I've seen (and played with) both the Navy's P225's and the Close Protection P226's, and I liked them both more as a service pistol. I think, for all intents and purposes, that the BHP is outdated and ought to get replaced with a suitable, more modern replacement.
What would I like to see in a BHP replacement? Clear, crisp sights, preferably with tritium, an accessory rail, magazine size equal or greater than the BHP, and decent grips. Most other things are a tossup, in my opinion. I know that my criteria basically opens up options to a number of potential pistols. I do think that there should be a somewhat open - ended competition for a replacement.
If I had a say in which pistols would be in the competition, I would love to see the following:
Sig P226R
S&W M&P 9
CZ-75 SP-01
CZ-75 P-07 Duty
BHP Mk3
Glock 19, 17
FN FNP-9
HK P30
IMI Jericho 941
..but that's just me. I think in all likelihood the P226 is going to eventually replace the BHP in the future, mostly because it's already in the system (for JTF 2, Close Protection, etc), and that will likely count strongly in its favour when the time comes.
My 0.02