Well, my new P40 wasn't in quite the shape I expected when the seller represented it as "99%", but still not bad. The barrel had a bunch of light rust on it, as did the slide serrations, and aparently the gun has been shipped back to KT at least once for a complaint about FTF. I found a copy of my dealer's FFL in the box with a note on the bottom asking KT to examine & fix FTF issues. Seems a LEO bought it and didn't want to carry anything that wasn't 100% reliable. Funny thing is, right after I picked it up yesterday I put 30 rds of Win WhiteBox 180grn JHP and another 20rds of Rem. Golden Sabre JHP through it, without cleaning, lubing or F&B'ing at all, and didn't have a single FTF, FTE or anything else that could be construed as a problem. Seems maybe the original owner was limpwristing... Like Flyer said before, these little pocket rockets just need a firm hand and locked wrists to avoid FTF / FTE. Funny thing is, the only gun I had any FTF with yesterday was my $800 Springfield 1911. I've never had even ONE FTF or FTE with my P3AT, and my P40 seems to be keeping that tradition alive.
I cleaned the P40 really well tonight, and gave it a good F&B. The machine marks inside the lug area are pretty deep, and I haven't sanded them out yet, but I guess I'll get to it eventually.
Thanks to everyone posting in the P40 area... I think .40 is a great caliber, and I own a S&W .40, but I was afraid to get a P40 after some of the negative things I'd heard. Y'all set me straight, and I'm glad I got it.