I owned the 909, which is basically the same gun except it is a 9 shot single stack. Accuracy and reliability were perfect, never had any problems with it, took a few hundred rounds to smooth the trigger out though.
The S&Ws autos are good guns. The California Highway Patrol and Royal Canadian Mounted Police are happy with their 9/40s. They do seem to ship more lemons as contract guns to cops than they do the commercial market IMO. They have a lifetime warranty and excellent customer service too. If S&W, or any other gun maker will be around the rest of your life is another story?