[CampingJosh]

I would place these into two groups.

Bersa, Kel-tec, Taurus (Equal, just alphabetical)

Then lower: Cobra, IO, Phoenix (again alphabetical)

Some of Taurus' stuff will be better than some of Kel-tec's, but then on other guns it will be opposite. Both Kel-tec and Taurus are "idea" companies that frequently introduce new styles that are unlike anything else currently in production. When one of their guns shows strong market viability, one of the higher-end manufacturers will copy it in better materials and with tighter quality standards (S&W and Ruger have been guilty of this in recent years). Bersa seems less innovative, but they still make good firearms at a low price point.