Never really paid any attention to Gen 1, or Gen 2 with my Elsie Pea. Mine has been accurate, and reliable so it didn't matter. I looked it up, and found the "improvements" we're made only a couple years ago. So mine is a Gen1. The sights have never been an issue because it is what it is. A pocket pistol that's use if needed could be measured in feet, not yards. At 10 yards I can make consistent center mass hits, and follow up with one to the head on my targets. It points so naturally that the sights are of little importance anyway.
I had a LaserLyte side mounted piece of junk on it for a while. Just for grins because it was cheap, and for dry fire instinct shooting practice. As it turned out, seeing the dot,
when you could, to detect where you had pointed the pistol at the target was not needed to learn this type of no sights aiming. It was so natural with the LCP that the laser,
when it worked, just reaffirmed I was on target every time at distances from 5 to 30+ feet.
After the
third time I took the LaserLyte off because it quit working, or projected a fuzzy 2" square @ 10' I didn't bother to send it back for repair/replace. I think it's in a drawer somewhere. It might still be under warrantee. Maybe I'll try sending it back
again! I could always use it off the gun for it's best purpose, aggravating the wife's cat!