I had what some consider to be the most desirable of the Cheetahs, the model 86, with the tip-up barrel. It was a beautiful gun, and no issue with racking the slide, due to the tip up barrel, but, as with all of the .380 Cheetahs, recoil was harsh. These are definitely not the softest shooters, especially when compared to the likes of a Sig P238. If you find a model 86 in excellent condition, it will set you back a pretty penny. For reference, I bought mine 4 years ago for $950, and sold it a year later for $1400. It was a pristine example, though, with case, papers, and all original accessories.
I now have a model 87, so it is still a Cheetah, but fires 22lr, so no kick, etc.