the 32auto in your pocket is better than the 1911 in your gun safe at home...
I agree... when I don't feel like carrying a small bag with me (my preferred method since I prefer a full-size pistol for any serious work) sometimes I just throw the Beretta Tomcat in my pocket. It was like, $429 new two years ago and makes a great second option. For hiking though, I open carry my .357 with FMJ or Buffalo Bore (depending on my finances at the time, 20 rds for $24.99 is pricey).