Yeah... this is an upgrade over the SR line I think... This is not a $300 pistol, the workmanship on it is much better than the SR line. The SR line has always felt a little loose/chincy, not that they are not well made/built well... its just that picking them up, they felt cheap somehow.
These pistols feel much more solid and better quality, and they appear to be better made overall as well, with better fit, finish, and feel.
There is no silly dingus loaded chamber indicator, not thumb safety, and no mag safety...
These are meant to directly compete with Glock, M&P, 320, FNS... etc etc... The other mainstream duty style pistols from well respected makers.
I think this was originally being designed with the Army MHS competition in mind, but Ruger announced they were not going to try for the contract after they dug into the specifics and legal mumbo involved. Basically they decided it was too much hassle, despite the potential for revenue. Maybe they thought the competition was too tight, and didn't feel like devoting resources to it.
But they had a workable design, that they knew could be marketed to civilians and agencies.