I haven't tried one, but in general I've been very impressed by Taurus' autopistols and own several. (My favorite all-time 9mm pistol is a Taurus 92AF.) Why don't you buy one of these guns and do a range report for us?
As for reloading safety, I don't see why not (although Taurus will tell you that using reloads will void their warranty, no surprise there). The 45 ACP round is a low-pressure round when compared to the 9mm and 40 S&W, and factory ammo is ridiculously expensive. I say go for it.