There WERE exceptions to the 'rule' relative to the integral front sight vs the later types. I own one, and it's one of the last of the 645 series and fitted with the 'new model' slide. I've only seen one other so outfitted and I suspect strongly that S&W was just cleaning up the older style frame with that slide assembly.....regardless, it's been a great pistol and was in fact the last duty pistol I carried in over 30 plus years as a LEO. As stated by another poster, the thing will feed nearly anything you can get in the magazine, even empty cases!....
In terms of practical accuracy, well, I have never "Ransom" rested the piece, but it will very easily hold it's own with any Colt M/1911 and will still cut the center out of a 25 yard BE target.
The earlier versons of the 645's had a slightly different action than the revised models. Every unaltered first model I've seen had a highly polished hammer side and a 'safety' notch. That notch is missing from the 2nd issues and it seems to me that the geometry of the action was slightly modified and gives an improved DA. I say this because I had occasion to send mine to the factory for a safety replacement and it was returned with the newer style action..........frankly it was a very welcome surprise improvement, but what I really appreciated was getting rid of that damn screwed in right side safety lever..........screw either broke or kept shooting loose..........If your gun has the old style one I'd most strongly advise replacing it......Numrich has 'em..
Like I said, damn good gun and one I have never regretted purchasing.