I do not quite understand if this thread is about carrying a cheaper pistol than a "$500" one or the carrying of an LCP (Ya really had me wondering with that"Elsie Pea" nonsense) because it is a reliable package. I personally have sixty or seventy pistols in .32, .380 and 9mm Mak....would not appreciate having any one of them pointed at me by a person in fear of his life as I know each to be reliable and capable of taking a life. My carry guns through the years have included the LCP however even though I knew it would shoot if needed I could not get over the way it fired and all the warning signs to remind one not to shoot themselves. Today my LE days are behind me and I carry mainly for self protection, usually a p238, p938, Star DK or M&P Bodyguard is found nearby along with my desire to never use one on another human ( although for fifty years I have had the mental preparedness to do so if required in the line of duty).
So carry cheap or expensive but do carry a reliable firearm and be prepared to use it in protection of life from deadly aggression.