I hear the laser on them are not very good, but then again I see too many people depend on the laser. Don't ever depend on the laser, batteries can die and if you have my luck that will be when you need them the most.
Aside from that I can not really say I am a fan of the Bodyguard. Personally I think the LCP would be better as its more snag free design, no safeties other then the long DA trigger, and personally I shoot it as well as some larger pistols.
That being said, I am sure it would be a great pistol. Just not for me for the above reasons.
PS: I own and carry a P3AT which I love, however I think the fit and finish on the LCP is much better than that on the P3AT and worth the extra money if you have it. Might switch to LCP one day myself... who knows...