OK, here's my experience and impression:
Pros:
The grip is comfortable, this is actually the first poly pistol I have liked the grip on. Haven't played around with the thin and fat backstraps but I don't think I'll need to.
The texturing is aggressive but not abrasive.
The slide requires no unusual effort to cycle. It's actually really nice and smooth (once I wiped the rails down).
Its fit & finish are good with one exception, the mag release (see below).
The trigger is actually good. I'm giddy that a $300 Taurus has a trigger this nice. Probably the closest similarity I could draw to this trigger would be a new Beretta M9 with less slack.
It's a hammer fired full size SA/DA with a rail, frame mounted safety/decocker for under $300.
The mags are Mec-Gars. Never had a problem with their mags.
Cons:
The thing was dirty as heck out of the box. I mean dirt. Not powder residue, but it looks like after they got through test firing someone took it to the beach. It's obvious Brazilians still don't know how to clean pistols.
The "ambi" magazine release is horribly sticky out of the box. I've been inserting and releasing mags to help it break in but as of now it works fine from the right side. The left side? Not so much. I may actually disassemble it and see if I can find any dirt hiding in there (I'm willing to bet this pistol went to Carnival and woke up drunk and naked on the beach).
The guide rod is plastic. Plastic. Not even aluminum, and looking at it and the spring setup I know it ain't going to last. I'm currently researching if another model is compatible otherwise I'll either have to wait for aftermarket ones to come out or find a machine shop willing to take on the task.
The manual is horrible. As in worse than Chinese AK manuals. It's got 10x more warnings than actual useful information and instructions. Obviously made to cover their corporate backsides.
It's a Taurus. That means crappy customer service (Here HK, hold my beer) and hard to find spare mags and parts. I went into this fully knowing that.
I now have 150 rounds of Remington UMC 115g FMJ through it, which is the cheapest brass cased 9mm we can get around here. The sights were dead on from the factory and nailing a coke can @ 15 yards is easy. One concern I have is the plastic/poly/whatever guide rod is already showing more wear than I like. Hopefully we'll get some aftermarket guide rods. If it breaks I ain't sending it off for a year+ (I had a PT-92 that I didn't see for 9 months once).
Using the realization I was buying a $300 (after shipping) Taurus it's not that bad. This pistol has such great potential, I mean with a few minor upgrades this pistol could be an XD and even a Glock killer. If Taurus will step up to the plate and up their customer service game they have a serious entry level contender here. I ain't holding my breath.