I don't think they are overrated either.
I don't own one but know a few that do without problems.
Not to get in a P___ing match with you Td0g900 but,
hang fires from this gun sound more like a problem of not getting the breach or nipple cleaned out rather than a gun malfunction.
As far as the trigger mechanism goes maybe you got a bad one. Did you contact T/C about the problem you have?
Maybe a little Lok-Tite would help on that front site.
By the way, I own one of those "overrated Knights" and love it!

That doesn't mean I wouldn't consider a T/C if I eventually buy another ML. I do like the way the Encores and Omegas are designed and the ease of cleaning.