Uberti's are now mostly 3 clicks. I have a 3 click, it doesn't bother me in the least. My Colt is a 4 click, and I converted my son's 3 click Uberti to 4 click because the 4 click guns are a little more forgiving of black powder use. Since in his job he fires a few dozen .45 Colt blanks each day, we decided 4 click was easier than trying to keep the FP transfer channel cleaned and lubed. Totally not a problem at all in a gun that shoots mostly smokeless (which is why I haven't converted my 3 click).
Here's a photo from my son and I out shooting. My son's 4 3/4" Uberti and my 4 3/4" Colt both holstered. My 7.5" Uberti (3 click) in .38-40 out of the holster. That was a very fun day at the range burning charcoal. We were playing with black powder loads that day in .45 Schofield, .45 Colt and .38-40.