Mechanically, this must be the simplest device possible after 'simple lever'(as explained by ancient Greeks).
If isn't as if they need to optimize for weight savings, or that strength of metal is an issue.
My biggest worry is someone is going to be wrestling with their locked, but loaded gun with defective lock and it will suddenly become non-defective on them unexpectedly. Even otherwise 'gun safe' people could become frustrated and distracted when their brand new gun acts up.
Is THIS the problem?
Acquisition by Saf-T-Hammer
On 11 May 2001, Saf-T-Hammer Corporation acquired Smith & Wesson Corp. from Tomkins PLC for US$15 million, a fraction of the US$112 million originally paid by Tomkins. Saf-T-Hammer assumed US$30 million in debt, bringing the total purchase price to US$45 million.[11][12] Saf-T-Hammer, a manufacturer of gun locks and other firearms safety products, purchased the company with the intention of incorporating its line of security products into all Smith & Wesson firearms in compliance with the 2000 agreement.
The acquisition of Smith & Wesson was chiefly brokered by Saf-T-Hammer President Bob Scott, who had left Smith & Wesson in 1999 because of a disagreement with Tomkins’ policies. After the purchase, Scott became the president of Smith & Wesson to guide the 157-year-old company back to its former standing in the market.[7]
On 15 February 2002, the name of the newly formed entity was changed to Smith & Wesson Holding Corporation.

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