My Henry (standard H001 model) has been totally reliable, and an excellent shooter. Nice wood too. Very slick action, and easily takes a standard scope. It outshoots my Marlin 39A (a 1952 model).
IMHO, the Henry is an excellent value for the price. Customer service is superb too. Mr. Imperato, the president, has been on several gun forums, and many have talked with him via E-mail. He is determined that all customers will be satisfied, and he'll do what it takes. How many American companies nowadays will do that?
I'm expecting to soon get the Goldenboy .22 and the Bigboy, once it is available in .357 Magnum.