Until recently only one company offered a single action revolver that you could load all chambers and if you dropped it, it would not go "boom" and possibly injure or kill someone, Ruger. Pietta recently entered this market with transfer bar equipped single actions. The "purists" hate them and consider it a "cheap copy of Rugers design". Uberti came up with a totally new (and I believe innovative) design that keeps the "pure" looks of the colt design, something Ruger never even considered, and is challenging Ruger's supremacy in that market. Yes there is a market for single action "carry" guns that can pass the "drop test" and be fully loaded, just look at Rugers success with the Blackhawks and Vaqueros. Note I did not even mention Colt, they are a completely different market. Not because they are better or worse guns, but because they are 3-4 times more expensive than any of the others.
Of my 10 single action revolvers, 1 is a Cattleman II and it has never misfired. I bought it new, fired a box of ammo thru it, tore it completely down and cleaned it, as I do with any new gun. The design and function of the retractable firing pin seems fine to me. If I had to choose 1 as a "carry" gun, that would be it, because I can safely load all chambers and it is reliable.
I have seen many post "it didn't work" or "I sent it in to be repaired" but have yet to see anyone actually post what the issue was/is. There are only 4 parts to the system, Firing pin, actuating rod, trigger, and hammer. Which part "failed" or "broke" please? Lots of cowboys posting "it's terrible, I sent them to (name your gunsmith) and had it replaced with the good ol 4 click system, without even firing them. I would like to see some feedback from a gunsmith that has "fixed 100 or more" of these with some useful information. Did they actually need "fixed" or were these just cowboys who don't like these new fangled things? I believe 90% or more are in this category.