Ummmm... how about a brand new Sig? The SP2022 is an outstanding firearm and can be found for around $350. I bought mine a year ago for around $340 including night sights. I'm surprised no one has made this suggestion so far. This pistol is, in my mind, the absolute best value in handguns out there today.
See more about this on my blog post below:
http://martowski.wordpress.com/2012/...stols-my-pick/