I purchased a used P232 off of www.Gunbroker.com and just picked it up from my FFL dealer this evening. I note that the hammer does not sit flush against the firing pin; rather, it sits approximately 1/4" to 3/8" back from the pin. Is that normal for this gun?
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It is generally normal. The feature prevents the hammer from touching the firing pin when you pull the decocker. How far back the hammer should stay, I don't know, maybe too far in your case. I'd look in the manual.