i have a pt92afs, pt101p, and a rossi 462. (owned by taurus.)
the pt92 had a couple stovepipes in the first 100 rounds fired through it, and one FTE since, all with the crappy monarch steel 115gr fmj. also, i didn't fully clean all that gunk from shipping off of the locking block. it's gone about 1500 rounds since with no stovepipe, FTF, or FTE at all, and that's including the monarch steel, monarch brass, winchester and remington 115gr fmj, some aluminum casings i found (don't remember the brand), WWB NATO, and hornady TAP. i have 100% confidence in it as long as the ammo is anything but monarch FMJ, and even then it's 99% confidence, with the 1% owed to the rounds. super accurate, super reliable, very light relative recoil compared to most other 9mm pistols, and has a decent trigger. only complaint is that it's a little big for concealed carry, but with the regular mags having 17rd capacity and the easy to find 20rd mags (which i keep in it) it's become the bedside piece.
the pt101p is excellent. 250 rounds in and no FTE or stovepipe. no hiccup of any kind whatsoever. monarch brass 155gr and 180gr FMJ mostly, with some hornady TAP rounds to see how they fire. IMO the monarch rounds are the least reliable rounds i could put through it and it didn't even have a break-in jam. i was impressed, considering the break-in my pt92 required. the adjustable sights were dead on from the factory, so i have no need to touch them. it's one of two complaints about the gun... it's accurate enough as-is that i don't need the added height of the sights that tore up a felt-lined holster, and the other complaint is that the front sight could have used a better paint job. it's a deep bore hole that didn't have much paint, but that was easily solved with a bottle of white out and some day-glo yellow paint. i put some on the back sights too just to make it look cool. (edit) also, the pt101p is just as accurate as the pt92, and they're both as accurate as i am. if i miss, it's because i missed, not the gun. also, the pt101p has 16 round magazines. that's alot of .40 at your disposal. the gun's drawback is again the size and weight, but precisely because of the size and weight it shoots great. i value that more than size.
the rossi 462 is excellent as well. the first box or two it had a slight feel of a catch in between the 5th and 6th shots (weird, didn't matter where the cylinder was. i checked.) but that went away quickly. it's had about 1000 rounds through it, probably 700 .38spl and 300 .357mag, with the catching-hiccup gone, and it's as accurate as you could expect from a 2" revolver. it's currently broken through my own fault. i let it get dry-fired way too much trying to show my friend how to use it before actually firing any rounds and the firing pin broke. waiting on some extra cash to roll in before i get the part replaced. i didn't buy it, it was a gift, and the person who bought it didn't send in the card in the box that is required to activate the warranty, so repairs are on my dime. again, not the fault of taurus. if the card was sent in, the rossi would already be in the mail and i'd probably be getting her back before i miss her.
those are subjective opinions of my own experience. sorry if they're a bit lengthy, but it's relevant info.
here's the objective side. as for the 24/7 or millenium lines, i have no personal experience besides shooting one a time or two. there seem to be lemons from just about every major gun manufacturer, including the big mainstays like colt and s&w. no one craps on those guns because of a few bad apples, but taurus gets a bad rep for guns made 20 years ago or a few bad guns today. i see a taurus or two at the range every time i go, and everyone seems happy. they're affordable, which is the draw. if you're worried about quality, you should shoot the gun a little first. all guns have the possibility of breaking at any point. seems like many of the taurus horror stories happen within the break-in period, which sucks, true, but here's where the warranty kicks in. most tauruses don't break immediately, like other gun companies, but if they do, the other companies don't offer that kind of warranty. to me, waiting a 2-3 months for a free repair beats paying yourself and waiting a month anyway.
also, all the "the gunsmith says ______" stories should come with a reminder that he's a gunsmith, and most people with working guns don't have a need for his services. taurus also sells a LOT of guns. i buy my ammo at academy because it's the cheapest around, and i'd say 2/3 of the times i go in there a guy is filling out paperwork for a taurus. higher volume = more guns brought in.
