This would definitely not,IMO, be anywhere near the first pick for a concealed carry piece. Dont get me wrong, if you can only afford one pistol or revolver, carry what you have!
I love well-made revolvers and have owned a few Rugers and Smiths; still do. Revolvers are also good carry pieces. However, the Redhawk is one of the heaviest of revolver frames, which gives it it's superior strength. This also makes it OK for field carry but not the best for the more difficult appications of concealed carry, plus it's more bulky.
If you are speaking of field carry, it isn't bad in a well made holster that supports the weight well, if you are big enough that it doesn't drag you down. It is certainly a great piece and a very good value.
If you can afford it, buy the Redhawk and another smaller one for CCW.
Good Luck,
Dave