My friend has one I'm probably going to purchase, and I've shot it. It's a SA Mil-Spec with an AWC suppresor and AWC installed match barrel (Bar-Sto if memory serves).
-As far as how quiet it is, I guess all I can say is that it's quiet. 230Gr. loads are definitely subsonic, and all that I shot out of it. I've shot supressed 9mms, .40s, .308s, .223s, and .22s, and it's defintely quieter than all but the supressed .22s and 9s I've shot.
-Threading will not weaken the barrel. The threads are shallow. It's no different than the thread used on most 1911 compensators.
-Is it worth it? I don't know. How do you define that? Let's face it, suppressors for most of us are stritly for fun. Unless you intend to take out a person where stealth is paramount, or maybe to save your hearing during indoor CQB entries, or want to use it for pest control in a semi rural area where it's legal and you want to keep the noise down, isn't a suppressor just a cool toy?
Figure on spending $400 up to $1000 just for the can, and then the tax stamp, and then the barrel threading. Also, there are many avenues for having a barrel that will accept the can, from buying a crappy aftermarket drop in threaded barrel, to buying a decent quality one, to buying a good quality aftermarket oversized barrel, to having a smith thread a barrel for you. Also, you will need to consult the suppressor manufacturer on what spring to use. My friend's gun runs flawlessly, and though I can't remember the recoil spring weight, it's ridiculously low, like 9 lbs, or something. Also, good luck being able to see the sights over your can, though there are other options for this too.