The one i saw was a cheap-o unit, in the cheaper than dirt catalog i think.
On the subject of lasers, my cousin bought himself and his dad Armalaser units for their P32s for Xmas. They seem like good high quality units, if not a bit bulky. They have interesting automatic laser activation circuitry.
I definitely prefer my Crimson Trace unit, but the Armalaser is about 1/2 the price of mine, and is a good quality unit, albiet a red one. They make both the CT and Armalaser units for all kinds of handguns.