I routinely use Fed H/S, Speer Gold Dots, and Silvertips in my Tomcat. For some reason, it doesn't like Fiocchi JHP (does fine with the FMJ, actually, it eats most any factory FMJ Fine) Mine took about 200 rounds to become fully reliable. You're right on about the over lube - it's a gun that likes to be kept clean and lightly lubed, and a pocket holster is a real good idea (keeps the crud out). Since it's a blowback, it will get dirty relatively quickly, and when I take it to the range every 6 months or so for function testing (I carry it much more than I shoot it), it starts misfeeding after about 100 rounds or so, but then again, you probably wouldn't get into a protracted gun fight with a peashooter. The only complaint I've had is that it's real easy to get slide 'bites' if you've got big hands. Nice little kitty, enjoy. M2