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Not much left to say. The ammo falls between the 9mm and .45 in price most places if that makes a difference. As for performance, they are all only handgun rounds and pretty close together as far as energy, etc etc. Use whichever of the three calibers you like with modern ammo and consider yourself well armed. I mostly got into .40 as I turned 21 right before the ban and was not going to pay jacked up prices for standard cap mags I mostly stuck with the cheaper, easier to get 10 rounders. So if you're stuck with only 10 rounds anyway that does eliminate some appeal of the 9mm. So all of my pistols were .40 and .45. I quickly found I didnt have much use for the .45 as the capacity was either low or the pistols giant and ammo was more expensive anyway. Now I shoot a lot more 9mm than I do .40 as it is cheaper than .40 and solid COM hits with 9mm are just as effective with modern ammo as the same with .40 and .45. YMMV.
I will say though the M&P40 is a solid choice in that caliber. I own one and its my favorite full size handgun.
Any experience with the M&P 40 compact? That is the one I am really looking at for everyday carry, I think I will be going that route as i have been impressed with the reviews and the info here.
I have the M&P 40c:
Overall I like the gun. I haven't owned it long, but now I have 400 rounds through it in two different range sessions.
I enjoy the M&P platform...in my opinion it is better than the Glock in the same caliber. (I own Glocks too)
The .40 in the M&Pc platform has some recoil to it. I found that I shoot the gun very well during the first 100 rounds or so, but then start to slip. I find myself flinching and generally just getting fatigued in my hands from grabbing on to the gun so tight to control recoil while doing double tap drills. I have shot 165 grain and 180 grain loads. The 180 recoil less, but it's still a good bit more than 9mm.
As a carry gun it's a very good gun. AS this is my first .40 gun, I am still on the edge about the .40. I like the power, that's for sure, but have been struggling at the range when shooting a couple hundred rounds in 45 min or so.
At this stage, I would still recommend the M&P 40c.