Pluses for Phantom:
1. light weight
2. grippy grip texture and superb grip feel, does not shift in the hand between shots
3. thinner grip sides, great for small or medium hands
4. two interchangeable back straps
5. low recoil (energy absorbed by polymer)
6. Kadet Kit fits with PCR slide stop (or the supplied slide stop on newer kits)
7. very accurate after sear job and break in
8. very reliable
9. uses standard capacity CZ75 mags (I exchange the flat metal base plate for a rubber P-01 base) and higher capacity SP-01 mags (with extended polymer base)
Minuses for Phantom:
1. creepy, cammy, single-action trigger. I performed an "in situ" sear hone that worked
2. extra friction on slide stop (needed break in for sling shot slide release)
3. trigger can pinch finger (I added a frame mounted trigger stop that helped)
4. frame rails are two sets of metal inserts in the polymer frame, so different complete tear down
5. non-reciprocating part of Kadet Kit upper not supported by front of Phantom frame (dust cover) and the Kit can see saw slightly with the slide stop shaft as the fulcrum. Still accurate and reliable with the Kit, but not confidence inspiring
6. similar polymer technology as the P-07, but the Phantom costs considerably more
7. too big for IWB carry
In all, my Phantom needed some attention and tuning, but it was worth it. The grip is the best of all the CZ-75's and with its light weight it handles extremely well. For a "big" high capacity gun, it does not feel big in the hand. Althoug the Kadet Kit shoots reliably and accurately on the Phantom, I mainly use my Kadet Kit on my P-01, which supports the Kit better.
I really wish CZ would ship their guns with decent sear angles. It would save me a lot of aggravation. I would probably collect more CZ's if they had half decent stock triggers.
