Welcome to the forum, as bad man said the Shoty 40 is a great pistol. I like you fell in love with the first one that I saw, circ. 1992/3. Then I just had to have one. I found my first one, new 2nd generation pistol, at a gun show in January of '95. Two months later the same dealer had a 1st generation demo gun that I just had to have. Since this was a demo gun I didn't feel so bad about shooting it. The 2nd generation pistol is still NIB in the safe.
While this is a combat pistol it is extremely accurate, I dare say the PC pistols are the best S&W has to offer...and at an affordable price for what you get. A custom pistol would easily cost twice as much given the modifications to these pistols.
I know there were some 1500 1st generation pistols made, however I haven't seen any totals from subseqent runs. To my knowledge the Shorty 40 2000 is the last generation of the Shorty 40. I do like the way this generation looks.
Here is a thread that I started some time ago that has some information on the Shorty 40 and other PC pistols. Grinder is the resident guru for PC pistols. He has a post in this thread that shows all but the 2nd generation pistol.
PC Pic Thread...Let's see those PC pistols...
I can't answer your question for you, you should shoot the pistol if you want to. If it's NIB I would have difficulty shooting it, but then again I have a shooter. Either way you have a pistol that you will enjoy for years to come.
Cheers,
Sam