Hi, Tecolote,
The Makarov just looks humble; actually it is pretty sophisicated. A lot of rubles went into heavy study by the USSR MOD on what is needed in a service pistol. Their conclusions were against large caliber and high power and more on shootability and ease of handling for those troops not armed with the service rifle.
I once saw a KGB movie in which an agent armed with a Makarov was standing facing a silhouette target at about 15 meters. On signal, he dropped, drew, fired two shots, rolled, fired two more, rolled behind a log barrier, fired two more, rolled to the other end of the barrier, and fired two more with his left hand.
The whole thing took about 7 seconds and the group was about 2 inches. That made me want a Makarov and they weren't even available then. I now have a Makarov, but I sure can't shoot it like that guy did - not the gun's fault, though.
Jim