I can understand only purchasing high-quality firearms that you are going to depend on for saving your life. I do this very thing.
However, if you are at a point in your life where you are just kind of buying new guns for nothing but fun, then why not purchase something like a Hi-Point? For example, lets say you have a Springfield G.I. and a Kahr CW9 that you carry and, say, a Ruger LCP in the pocket. You really don't need anything more than this... Why not purchase a Hi-Point (or other "functional but ugly and cheap") .32 or .22? You're never going to depend on them for your life. If you're like me, you have one on your belt at all times with spare mags and ammo within close distance but you have everything else locked up.
I'm not to that stage yet, so I'm just wondering.
I just don't think they're good long term "keeper" guns. I actually have a Hi-Point C9 at this point. I got it in a trade - I was trading shotguns with someone else and he threw in the Hi-Point just to "sweeten the deal". Was going to make the trade without it, so naturally I took it for free.
Having shot this one a bit, I still just don't like them much. It's small in all the areas where it shouldn't be (the grip length, the sight radius), yet huge where it shouldn't (slide width and height). It doesn't balance well in the hand. The magazine only holds 8 rounds, and the trigger is atrocious. I also don't like the tiny rear sight. It also suffers from just an overall lack of quality feel. The magazine catch is a bit gritty when engaging, the recoil spring is too heavy, etc. You also can't field strip the thing without bringing out hammers and punches.
Also, one of my main dislikes is the zinc slide. It wears an order of magnitude faster than an equivalent steel part. It's unlikely to last more than a few thousand rounds. Now, I'm not likely to put that many through the gun (and neither are many others), but I do have other guns that I've put thousands of rounds through, and the only reason I'd not put 1000's through the Hi Point is because of that long list of stuff above basically just making it not a fun gun to shoot.
Overall, it works, it goes bang, and it's cheap. I don't think its a bad choice for someone just wanting something to protect themselves with and that's it. Its a gun for people who need a gun, but aren't into them. Realistically though, you're on a firearms enthusiast board. The people here don't just want a gun just in case to never think about again. They like guns and are interested in them.
I compare them to Kia cars. They're not quite up to par with the higher end brands either, and they do work, but mostly for people who just want to drive to work and back and otherwise just don't care about cars (hell I fall into that camp for sure on cars, which is why I actually drive a Hyundai
). You're never going to convince a room full of car enthusiasts that they're great though because they have standards slightly above the cheapest thing that works.