In my shooting group, 3 of us have Ponies, one has a Mustang. I probably like mine the least and of the ponies, mine is the oldest. I knocked of the edges, had the front strap checkered, and put in the stainless guide rod from SM&A.
Aside from a yucky trigger pull, the gun shoots great. I never intended the gun to be a distance shooter and out to 7 yards, I shoot the gun just fine. If anything, due to trigger pull compensation, I group high and right, but groups are fine, usually about 5" with combat type shooting. No, I haven't really done any bullseye shooting to see what it is capable of doing and I don't profess to being skilled with the gun or its trigger.
Another guy in your group put on Novak's and shoots his better than I do.
Would I buy another or would I buy it again knowing what I know now? That is a tough call. I have found the gun to be completely reliable and feeds a variety of ammo. It does not like S&B, but loves Fiocchi and Hydrashok. They all feed, but the S&B seems to have harder primers. I find that the mag release releases the mag a little too easily in pocket carry and I find the slide catch can be dropped from the gun inadvertantly during handling and racking the slide with the gun tipped to the left.
I carry my Pony primarily as a spare gun, sometimes as a car gun for when I have to leave my gun in the car and don't want to risk leaving something more expensive (I hate making that decision), and rarely as a primary gun and only so when it is imperative that no one discover I am carrying (certain work environments). I consider it nothing but an up close, very close, and person gun. The .380 may be perfectly lethal, but it is not my first choice at all. While I can hit targets, aimed, to 10 yards, I can shoot it effectively for targets 4 yards and less with no aiming.