As far as what it does well:
1. Makes a great bed gun - when the night sights on my old Sigma were about gone, I used the money I would have to replace them towards the SP2022. My first one is now my bed gun.
2. Trigger - I think it has a darn nice trigger, if you don't mind the DA / SA operation (I don't). Lots of folks whine about the Ruger LC9 trigger, but praise the SP2022's - to me, they're much alike. While they may have a long, heavy trigger pull (at least 1st shot / DA on the SIG), but both triggers are smooth, predictable, repeatable.
3. Accuracy - nuttin' much to report here, as all I'm really worred about is combat accuracy, and to me, accuracy is a "given" (all guns should be).
4. Value - still not bad, but value has dropped as popularity has increased and SIG has found ways to up the profit (such as dropping back from 3 mags to 2 and from 3 backstraps to 2).
On the down side, I consider it to be a bit on the large side - could be a little tough to CC, especially in summer?
I ran across what I thought was a good deal a while back and got my 3rd one (this time in FDE) - I was about 2 weeks early - a couple of weeks after I bought, SIG came out with the free mag offer.