I saw those for sale on Gunbroker awhile back. It's like a regular P226 with an Equinox slide (and the sight difference, as you noticed!). Some folks like the plastic grips better than the wood, anyway, the wood grips are a tad wider than the plastic. Did you get a good price on it??
I went looking for a P226 Elite 9mm today, but alas none are to be had. I did find a P228 that was a recent LE trade at a large shop. It was in very good shape, some scratches on the slide and one nick in the frame, but it doesn't look like it's been shot much at all, the barrel is in great shape. I have been looking for the "right" P228 for awhile now, and although this one wasn't a CPO (which I wanted for the refinished slide), this one was nice and tight and since I shoot/carry all my guns anyway a little wear is not a biggie to me. Price was right ($449) so I decided to grab it and see how she shoots
Not as pretty as yours, 1BLINDREF, but she feels nice in my hand and I'm happy to add my 3rd SIG!
Speaking of adding SIGs... They also had a very nice condition used P232SL (no Hogues on this one, though) which as mentioned above is just TOO sexy. I really detested the red dotted sights, though, I had a very hard time acquiring them. Mag release is funny, too, and the lack of slide release felt odd. Nothing you couldn't get used to... And it felt unfamiliar (unlike any other new SIG)... And I just can't put my finger on it, but I wanted it anyway. I decided to skip it, though, for now.
I also grabbed one of these today:
I ride my bicycle alot, often through less than desireable areas, at odd hours. This will come in handy; I wear a Camelbak anyway. This one has a holster in it! I couldn't find a great image to link to show operation, but essentially you grab the gray handle and yank and there's your weapon. It's pretty neat, I'll report on how it works out as I function test it in the finally warming weather.