I have an LCRX, which has adjustable sights and a 3" barrel. NOT one you'd drop in your pocket as it's very bulky, but light. I paid almost $400 for it new, but it's bee a while. Today, under $500 would almost be palatable.
Overall, if it were 2/3 or half the price of an SP101, I'd say yeah. It's accurate, has a very good DA trigger and respectable SA trigger - better than any other out-of-the-box Ruger DA I've owned, and very light-weight.
They ARE good guns, but ugly. I'd be OK with ugly if it were a consequence of making an inexpensive, light and accurate gun, but all the features which make it LIGHT (and ugly) are features which make it a lot less expensive to make than the traditional Ruger DAs, but the prices I've seen lately don't reflect that.
If I buy another "pocketable" DA, it'll be another Charter Arms. The design precedes and parented the traditional Ruger DAs, is very light, accurate and mine have been durable as well, but I could get two of them for what Ruger wants for one. Go for an older Stratford or Bridgeport gun.
If patience is low and the cost not a factor, the LCR, I think, is actually a good gun for the purpose.