I'll help with the resuscitation of this thread. Although I've owned a number of PPK and PPK/S pistols, including Walther, Interarms, Ranger, and Smith & Wesson, all I own now are three: a 1935 Walther PPK in 7.65 Browning (.32 ACP), a Umarex .22LR PPK/S, and a current manufacture (bought about 4 years ago) Fort Smith stainless .380 PPK.
The .32 PPK has never given me a problem and the only thing I've ever had to replace were the recoil spring and the grips. It's not a collector piece, but it doesn't get carried or shot much.
The .22 PPK/S is a plinker; keep it clean and it's never had a problem (Note: I only shoot CCI Stingers in it).
I modified the tang on the .380 PPK to make it smaller and more comfortable. Again, I've never had any problems and carry Hornady Critical Defense ammo. I actually prefer DA pistols so it gets carried often in an IWB holster.
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