I've had one for about 18 months and think it is an outstanding gun.
About 2 years ago, CZ decided to take the CZ 40B slide, mate it to a PO1 frame and came up with the 40P. For all practical purposes, it's the PO1 in 40 S&W. It was intended as a limited production gun (1,500 or so) but I guess they proved so popular, CZ still makes them. I paid $280 NIB for mine, but they seem to have gone up in price along with their popularity.
I think you'll be happy with it. Try going to CZFORUM.COM (one of the more popular CZ forums) and see what the owners of 40P's say about it.