Hi Newton,
We have had one for several years. The good points are:
1. Mechanically, it's been perfect. No failures of any kind.
2. It's small and light enough to be a great CCW
3. The tip up barrel is perfect for my wife
4. Very easy target acquisition
5. Very easy to find the pistol at night
One Caveat:
The tritium front sight is large enough that it can interfere with getting it into some holsters. My favorite holster for the Alleycat is a small, suede iwb holster. To get it to fit, I had to spend several days soaking it and expanding the entire fromt section of the holster to make room for the front sight.
Be Well,
Scarface