I got one not too long ago.
I intended to shoot the crap out of it, after watching it digest 100 rounds of PMC ammo with only 2 failures to eject (which I figured would work themselves out) I was geeked.
Then I bought some American Eagle ammo. Wouldn't eject -- it extracted, but every other would would fall of the extractor before it cleared. Hmm. Not good.
So, I checked out the Keltec Owner Group (KTOG) webpages/forum and found out that it's a kinda common problem. Some nifty KT owner got an idea for a fix, and they sent him a few free extractors, he ground them down, it worked. Many other users tried the same thing.
So, I called up Keltec today, stated my problem, then was informed I had the wrong number and that I transposesd the last two digits. Nice guy. He then asked if I was a dealer, becuase he's looking to buy a Colt Commander. Kinda makes you smile. Anyway, I dial the right number, sit on hold for a little bit (listening to country music -- I can deal with this) -- get a rep on the line, explain the problem and that I'm willing to try the trick out myself and I'll pay for the extractor if they'll send it to me. No charge, sending it over -- don't need to grind it either I guess -- they're using the new design. Got the serial # real quick (H29XX) and we're good to go. When I asked what size punch I'd need to remove the pin holding it in she knew it right off the top of her head. Wonderful!
Now, keep in mind this design is under a year old -- and I may very well have a pistol that was made just a few months after they went into production. Problems will arise with these early models, but KT seems to be willing to bed over backwards to send out replacement parts, fix the guns themselves, and openly invites tinkering with the design.
Given that it's low cost (I consider $260 pretty low cost) I'm willing to do a little work with the Dremel to polish things out. Is it necessary? Probably not -- but I'm going to do it. I enjoy doing it, and I enjoy knowing that I've had a hand in making this gun reliable for me personally.
On the other hand, I would never, ever, tell somebody to purchase one as their "first" gun by a long shot. Maybe 2 years from now that'll be a different story, but certainly not now. The P-32 might be dead nuts reliable by now, but the P3AT just isn't. If you're the kinda guy going "Well, I really want something for those few pocket carry situations, and I'd kinda like to have a really small BUG other times" -- and you like to do a little work on your own and learn about the designs -- go for it!
Yes the QC is a little lacking, the design isn't 100% "there" yet I guess, but the cost is good and it shows promise. Just my two cents.