I bought one early in 2009, have been casting Lyman 311316, 115 gr. gas checked boolit and loading over a healthy charge of A#9. Well over a thousand rounds of that 327 and about a thousand rounds of hand loaded 32 Magnum in about 28 months. Good gun, have had no problems other than the screws shooting loose, but that happens on my Rugers and Smiffs too. The front sight is integral with the barrel, stainless and needs some color or it disappears in bright light. Good gun, I'm very satisfied with it. Incidentally; I bought it for all the reasons that you mentioned were found on the other 327 offerings at the time, short barrel and fixed sights, I wanted and got the adjustable sights and the longest barrel on the market at the time. Go to the CA website and buy the 19.95 holster, it is worth much more than that and fits the gun very well.
Last problem; the CA Target Patriot is out of production, you'll have to look to find one in old stock or used.