I picked up the M206 with exposed hammer at my FFL and shot it at the range a few hours ago.
Here's my fast rundown:
-It was coated with oil. Seems all these cheap guns are smeared with rust preventative oil.
-DA trigger was fine, nothing to write home about, but it felt far better than the price would reflect.
-SA is amazing. In fact, it's SA is better than my Redhawk and every other revolver I have other than my Pietta 1851 Navy. It feels like a Smith SA pull.
-Lockup is good, some chambers lock tighter than others. Timing was flawless in both DA and SA.
-The smaller wood grips didn't feel nearly as bad as I thought they would, but recoil was heavy with these grips. I didn't use the big black grips during shooting, so Idk how they'll feel, but probably better.
-I only shot Blazer aluminum +P .38 in this and recoil was uncomfortable. Again, the other grips may reduce that, but right now, I only want to shoot standard pressure .38 in this gun, even for defense.
-The cylinder release latch was CRAZY stiff. I degreased and slapped a bunch of Slip 2000 into the latch area and worked it back and forth. It's still stiff, but originally, I was having extreme difficulty pushing the cylinder back in.
-The cylinder has a lot of back and forth movement when swung out. So much so that if you don't push it back towards the grip, the front of the cylinder will contact the forcing cone of the barrel and prevent closing. This in addition to the cylinder release made for a very slow and difficult reload at the range.
But after cleaning, degreasing, and lubing it has improved and pushing the cylinder back into the gun is much better now. Still, it's not smooth and feels clunky and there no positive audible click when it locks in.
-Ejector rod worked fine and felt very smooth.
Accuracy was fine at 7 yards, but the shots were all pulling to the right. I'm not sure if that's from the small grips causing an improper hold or the ammo. The shroud and front sight appear to be properly installed.
Overall, for the price, I give it 4 out of 5 stars.