I carry my M-40 as a CCW weapon on occassions when I feel such protection is warranted due to the fact that often during the summer it is much to large to be concealed properly. However, the M-40 is my primary handgun, serves night stand duty, and is the pistol I spend the most time training with.
The first handgun I ever owned was Remington .357 magnum stainless steel given to me by my father who is an old school wheel gun kind of guy. While I do not personally own one I am often the care taker of a Beretta M9, which while easy to shoot is not my pistol of choice. I also own a colt 1911 that belonged to my grandfather, but I rarely shoot it as it is a family airloon with alot of stories behind it.
When I was looking at handguns for personal protection I went to Gandor Mountain and of course looked at Glocks, which I had fired before at ranges, and low and behold I spotted the M-40. The weapon stood out from the others in the way it felt and I loved its low bore axis. The price was a little below the Glock and way below the HK USP so I went home and did some research. The Steyr on paper was the superior firearm in many respects so I took the plunge and bought the M-40. I haven't regretted it since....one of the finest weapons I've ever shot and I'd take it any day over more expensive HKs or even Kimber 1911s.