I prefer to call it a "grace period." I dont like or have a use for guns that act up past a few hundred rounds. Depending on the gun, I may give it more or less time to get its act together. A gun like an HK gets a few mags - if it aint 100% after that something is probably wrong. Other guns such as tight 1911s may get more time to "break-in," especially if the factory says they need it. If I have problems after my grace period, i either send it back to the factory for repair or sell it, based on how much I liked shooting it.
Keep in mind this grace period just decides if I plan on keeping it for a while. If the gun is meant for home defense or carry, it must be able to shoot defense loads no problem too. By the time I put enough defense loads through it to be happy carrying it, it probably has 750 to 1000 total rounds through it with 100% reliability. But I shoot alot so this comes quick and I love every second of it.