I had a G29 years ago. I liked it pretty well, but there were some things I didn't like about it: Fat, heavy, and a need for a mag extension in order to get a full grip on it. For me, that's ok on a baby Glock, but not on a compact one. And on mine, I had occasional light primer strike FTF's. I wasn't able to eliminate those completely, which was one of the reasons I sold it. That made it a no-go for me, for a defensive gun.
I found the recoil to be quite stout, but not punishing at all. Accuracy was just so-so for me. Adequate but not stellar by any means.
For someone who can only own one pistol, and needs it to pull both concealed street and also woods duty, I think a G29 is a good choice. But there are now other choices available for that, if you are willing to accept a little less power for the woods (like a G32, G33, G30S or G36 with really hot ammo). Everything, and I mean everything, is a compromise. I would not hunt with .357SIG or .45ACP, but I think they can pull duty as a defensive woods round if there aren't grizzly or moose.
When on my feet in the woods, I carry a G20. I can also carry it concealed, IWB, if I choose, but I don't, because I have other Glocks that are much better for that purpose. Accuracy is stellar, and recoil isn't punishing at all, even with hot Underwood.
It's undeniably better to have a Glock for every purpose you might need, but if you are limited by funds, you have to make your gun perform multiple duties. A G29 is pretty good at that role, if you need the power of 10mm.