I just bought one of the new Charter Arms Bulldog Pugs in 44 Special. 2.5 inch barrel. Not an undercover, but it's the same frame. Put 80 rounds of various 200 gr HP's through it; 70 of which were max loads for this model( according to my Speer Manual). I bought mine mainly to carry while hiking in these Central PA mountains. Had a close encounter of the black bear variety a week ago, and decided on a small pistol vs bear spray.
Postive comments: Nice overall finish, the edges are slightly rounded overall, and the back of the hammer and rear of the grip are well rounded. The black grips are absolutely fantastic; fit my hand like a glove. After shooting all those rounds in one session, no soreness at all. In 38 spcl, this out to be a nice little revolver. The lockup was tight, the cylinder gap was minimal and the trigger pull(single and double action) was light and controllable. The single action had a bit of initial creep, but then settled in. The double was light, to me anyway, and smooth.
Negative comments: The interior finish on parts(except the trigger) is a bit "rough". Mainly the chambers had machine marks(but ejected all the cases with no problems),the ejector rod was "gritty" at first but smoothed out pretty quick. The cylinder latch was a bit "Gritty" also. Those are minimal things in my mind, and everyday friction will polish them out....they weren't THAT gritty. Considering you're getting an all steel frame and the fact that the new CA's barrel/sight/shroud is now all one piece; and screwed into the frame to boot; you get a decent quality pistol for the $343.00 mine cost. I did handle a couple of the "New" Smiths, and I suspect that you might be paying for the name some. They didn't appear to be that much better.