I paid about $750 for a new Smith & Wesson model 41 about six months before the company hopped into bed with the Snopes Clinton-Liar Gore régime.
It didn't feed or extract reliably, so I bought an assortment of replacement recoil springs from Wolff. I can't remember which one did the trick, but it's worked fine ever since. I had to spend about $100 on a trigger job, because out of the box, the pull was creepy and stiff. I put Fung stocks on it that are a joy and a delight. I bought a second barrel to have drilled and tapped for an Ultradot one-inch red dot scope, and it's proved helpful, although I find it's even more helpful to use it with a Merit peep sight, too. The rear sight on the original barrel fell off. I screwed it down tight, which, I presently discovered, curved the extension the rear sight is mounted on so badly it abraded the top of the slide. I eventually glued the sight into the dove-tailed slot, and wondered why Smith & Wesson didn't just build it to better tolerances.
It's a reasonably good target pistol, although my High Standards have better triggers and shoot at least as accurately, if not more so. I heard Smith & Wesson dropped the pistol, but have since heard it's been reinstated. It seems to be kind of a coming and going company.
I'm thinking about a Volquartsen remanufactured Ruger. I've never cared for Ruger triggers, but have heard lots of good things about the Volquartsen, and can truthfully tell you my Volquartsen High Standard replacement barrel is a fine piece of work.
I didn't know there was or had been a low budget version of the model 41. Hah! You learn something every day, I guess.
Regards,
Standing Wolf