I thought I'd throw my experience in here too. I love the design of the new Bodyguard .38 so was really excited to get one. My first copy had a serial number of: CPX4xxx. That one printed quite high and to the left with standard and +P ammunition of weights between 125-158 grains. I sent it to S&W who advised that a new copy would be made for me, mine was "beyond repair".
The new one arrived (after having to pay yet another transfer fee...), this one's serial number is: CRL6xxx. While it printed a little better than the first, it's still WAY off. About 4-8" inches high at seven yards (depending on ammo), and well over 18" high at 15 yards... I have adjusted the laser to drill the target at 15 yards, it does so easily. But the iron sights are a useless guess. My M&P 340CT, on the other hand, can easily destroy a six inch paper plate at 15 yards with the irons - nice!
I didn't want the expense of another transfer fee again if I sent this new copy back, but it's now developed another "trick" and is going back. Sometimes the cylinder doesn't rotate when the trigger is pulled. This happens about once every 2-3 cylinders and happens either on the first shot or somewhere in between. I've marked the cylinder when it happens and it's no particular chamber - happens to all of them. I've NEVER had this happen with any of my S&W revolvers, and I've had over 20. This, in addition to the aiming problems, have killed the gun for me.
I have NO confidence in it now (I used to carry it concealed) and plan to send it back to S&W. Hopefully a refund/credit can be issued this time. I love the ergonomics of this new design and all it offers, but until the bugs are worked out, well, I'm done with it!
