I have one and love it, a P232SL. It's the best damn .380 out there! (at least me thinks so) I had an interarms import PPK and as much as I like Walther's, it was a jammomatic. Like Cobra64 said, because of the blowback design, they can be a little unpleasureable to shoot for long periods, but it's not too bad. Mine regularly accompanies me when I go to San Diego to visit my girl. I usually take the train down there and walk to her place from Downtown since she doesn't drive. San Diego, even downtown is a pretty safe city but at night there are a lot of vagrants walking about and I feel real safe packing that little SIG. It's the perfect size. I keep mine loaded with silvertip hollow points.
And by the way, I've never, ever had any kind of malfunctions with that gun! You could do much, much worse!
Walther Forum Member #55