Finally got a chance to take my new Czechpoint/Alfa Proj 731 [3" barrel/.32 Long] to the range Friday night. It might just be my new favorite revolver. Admittedly my Single Nine has a higher level of workmanship, but the Alfa offers the option of DA shooting, which I think makes for a more well-rounded weapon. It's not as accurate as my Single Nine, either, but that's not a truly fair comparison: the Ruger has more than double the barrel length and sight radius. For a 3" barrel, the Alfa puts out some pretty tight groups @ 25 feet, although I need to zero the sights (Yay! Adjustable sights! they're not fiber optic or anything, but they're more than adequate.) Obviously, firing .32 S&W Longs, recoil was incredibly mild, allowing me to regain my sight picture quickly and causing my impaired wrist no discomfort.
The SA trigger is, um, good. Not like, "wow, this is amazing," but not distractedly bad, either. The DA trigger is a bit heavier than I would ideally prefer, and a bit grunchy, but I have never bought a factory-new DA revolver that felt really great right out of the box. The Alfa will probably never feel as silky as my LCR's trigger, but if this smooths out much at all, it will be just fine.
I should note that in 50 rounds, I had three FTFs. However, the only ammo I had was some old Serbian PPU rounds, so I strongly suspect bad primers, not light strikes — upon inspection the firing pin left some pretty deep dimples in them. I'm going to pick up some fresh, higher quality Buffalo Bore and Winchester rounds and see if I continue to have a problem before I blame the gun.
Okay, so it's a budget gun that doesn't stand out in any particular area, but it's really nicely put together and the grip shape and balance feel great in hand. The finish and workmanship don't betray its $305 price in the least. The size and SA/DA trigger are such that it could practically be used for carry, loaded with Buffalo Bore's 100gr/900 fps wadcutters and carried under a jacket.