I really like the one i have.
The design is simple with relatively large components, thats a hard combo to screw up. The gun has eaten everything from my puffball handloads, and Winchester WB, to extra hot 124s and defensive 147 with no issues.
Accuracy is actually pretty good with the red dot groups run sub 2" at 50 yds, with good ammo coming in closer to 1". I havent shot groups at 100, but hitting a pop can is a simple as putting the dot on it and firing.
I DO actually use mine as a home defense gun, ive shot over 1000 rounds thru mine, mostly of my questionable handloads, and it hasnt choked yet. Here in hawaii we are limited to 10rnds in ANYTHING that uses a "pistol" magazine (ARs are legally included, tho pistol ARs themselves arnt legal here). Now in an area where i could legally use A hicap mag, i might go for some thing else.
The one flaw in the rifle that Ive found (mine is an older model perhaps they have changed this), is that the trigger pin is small and the trigger is plastic. While im actually pretty confident in it now having used it a ton, when i origianlly got the gun i seriously considered having a copy of my modified trigger made from aluminum, as there isnt a way to increase the size of the trigger pin easily.
Long story short....YES, with a HI-Point you do get EXACTLY what you pay for.
The guns fairly homely, most of the parts are cast, stamped and or have minimal milling, the trigger is squishy and kind of a lame shape, magazine is limited to 10rnds internal (tho you can get redballs if you can legally own them), and last but not least there are really no functional upgrades available for them, most of it is dress up (they dont really need any upgrades mind). oh and they are heavyish
The good side is you get a gun that is out of the box generally very reliable, accurate, balances well, and will handle pretty much any ammo you happen to scrounge up. Also should you have any issues customer service is excellent!
I dressed mine up with an ATI stock that copies the Beretta Storm. Improved the feel, but added weight, and actually made it harder to operate the saftey than id like (ill probably fix that at some point).