Well gents, I AM going to send the BG back to S&W and in the meantime, like maybe tomorrow, pick up a new LCP II. I am also interested in the little Colt .380 but don't know much about it yet.
If you are interested in the Colt .380, you might want to check out the SIG P238. It is also a .380 and is about the same size and weight (16 - 17 oz.) as the Colt, and has 7+1 capacity. I've shot 100 rounds through a P238 rental at my range, and I was very impressed. It's very easy to rack, has a nice single action only trigger, and is very accurate for such a small pistol. According to folks on the SIG Talk forum, it's reliable as well. However, it is somewhat expensive (in the $500-550 range), and you'll have to not mind carrying a SAO pistol cocked and locked.