I wish I could give personal comments on the new Coonan.
I have a Coonan Model A, one of the 1500 first made, and its pretty good, and even better with pachmayr type rubber grips.
I would expect the new gun to be an improvement, and so the few first hand reports I've read on TFL indicate. (there are some, search should find them)
One thing I do love about the Coonan ad I saw a while back, was the statement..
"if you're looking for your first handgun,
this isn't it!"
(or something very much like that, anyway..
)