I have yet to find a smoker that does both cold and hot smoking equally well. Right now I have a Bradley electric digital and I feel it's a pretty good compromise, but its' not without fault. First, it is probably your most "set it and forget it" smoker out there. I enjoy that. It can both hot smoke and cold smoke, obviously. And it makes some pretty good food.
When cold smoking things like jerky and sticks it's a little more of a PITA. They cook uneven, so you have to babysit and rotate racks quite often. There is not a whole lot of room on 6 racks for sticks and jerky. I can get a batch of sausage in there no problem, but if I'm trying to do sticks or jerky, it requires filling it up multiple times. I would think you could fit a fair bit of summer sausage in there though.
They don't do well in cold weather. I live in ND and trying to cook or smoke on them in the Fall and Winter is a PITA. Even during the summer on real windy days, it's hard to hold a consistent temp in them. I have heard the Masterbuilts are better insulated and seal up better, as far as that goes. Their temp gauge can and will be off quite a bit depending on conditions. I have a good wireless digital thermometer and trust that. It seems to run about 20 degrees cooler then what the Bradley gauge shows.
Overall I'm happy with it so far for what I do. But someday I would like to have a big homemade propane smoker built for doing large batches of processed meats, one that allows me to hang a lot of meat vs using racks. Buy the biggest one you can get if your dedicated purpose for it is things like jerky and sticks, etc.