Gunnerpalace, what part is the misconception?
I'll admit I was ill-informed on the fragmenting of the round, but the penetration is lacking compared to most defensive loads, and the permanent cavity is not all that better than a 9mm. The shock value of the round is impressive, as it dumps a lot of energy, but it just doesn't seem like it's worth the money or risk as a defensive piece.
The test that PTK linked to gives me serious concern for it's capabilities against heavy clothing. The lack of penetration is also a concern. While you don't have to worry about over-penetration, I'd be worried whether that round is going to go through the target's clothes, seven layers of skin, fat, muscle, and bone to reach a vital spot to maximize the chance of incapacitation.
Obviously the low number of shootings with this round limits the data, and we'll see better info in a few years, but a thousand dollar gun with a limited stopping power history is one to be considered carefully.