Different strokes for different folks, I suppose.
My M1910 Take Down Model has the 'special folding peep sight' as offered originally on pre WW2 Mannlicher Schoenauers. I have never found it to be a 'hinderance' of any sort. It's a rather nifty bit of kit, actually.
When down it stays down, when deployed I have never had it bite my hand and I have some fairly hefty paws (my '44 Mag Vaquero revolver has oversized grips). I have lost small chunks of the web of my hand (between thumb and trigger finger) to slides of small framed automatic pistols more than once, which is why I don't care for them.
I always hold the 1910 (9.5X57 - .375 Nitro Express Rimless, of course) very tight to the shoulder while sighting / firing, have never had any concern of the tang sight causing me damage and, when held tightly, she's never bruised me badly. I use 42 grains IMR4895 pushing the .375 270 grain RN.
Mine also has iron sights and claw mount 4X Gerard scope. When eyes were younger I made use of all three sighting systems, each better suited for different situations / lighting. The vintage scope mountings for MS nearly always were 'see through' to allow for quick acquisition with iron, then bring eye straight up to scope. With 'scope removed, the tang sight springs up instantly when / if desired with press of a button, push down and it clicks shut. When open, bolt may cycle right 'through' tang sight as shown in catalog image:
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Stoeger, 1939
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'Vienna Snapper' mount on MS.
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'Options' list, 1939 Stoeger - Special Folding Peep Sight, $12.00 ($271.14 in 2024 dollars, per usinflationcalculator) - a pricey addition.
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Mauser used them, as well
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As had Westley Richards (1912 ad)
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Claw mounted 'scope on Mauser, also 'see through' for iron sighting