If I could afford it I would pick it up just to add it to the collection, but I wouldn't depend on it as a main match gun. Maybe run it once in a while for fun.
In my experience, decent cowboy ammo around here (Black Hills etc) is about $30-32 for a box of 50 rounds, or about $.60-65 per round. You can find reloads (I shoot Georgia Arms (http://www.georgia-arms.com) reloads myself) for $250 per 1000 rounds or $.25 per round. Huge difference.
I don't understand why people think you need a gunsmith to make non-Ruger guns work. I have been shooting Cimarron/Ubertis hard for quite a while and they are out of the box stock and the only problem I have ever had was a broken bolt/sear spring which is a quick 5 minute repair.
Not listed on the EMF site as far as I know. You can call and check if they have any left. They posted on Facebook a few days ago that they had six left.
Just got an email from EMF. The Schaeffer revolvers are arriving at EMF later this week. They are shipping them to customers next Tuesday (1 week from today). If you are on the pre order list you can call and place an order NOW. I just ordered myself a pair (they said you will get consecutive serial numbers). Can't wait!!