I'm not putting down the M4, which is a very capable carbine with a proven battle record, but there's a difference between 300 rounds of 5.56 and 300 rounds of 5.7. Yes, the ballistics of the 5.56 are better, but a PS90 has smaller profile and easier logistics and lethality (albeit less than the 5.56). If you're hauling out of Dodge with wife, kids, water, food, etc., etc., etc., etc., I wouldn't hesitate to grab a PS90 and several loaded mags to take with me.
I don't want to turn this into a 5.7 terminal ballistics pissing contest thread. I have a PS90 and a few ARs. I have shot animals with both. Based on what I have seen from shooting animals with each, I would much rather have a 5.56 carbine.
So no, I don't see any need to go to any sort of shoulder-stocked weapon for close-ish work, unless you are demonstrably LESS skilled with a handgun than you are with a rifle. (Then...well, we'd have to test you with both, I guess.)
Terminal ballistics? Now if we go with typical PDW rounds I'm not sure there is again. If we are talking M4s, etc, then there sure is a significant difference. Ability to defeat body armor? Maybe not a huge concern for civilians.
Seems to me that most of the movement toward PDWs (with possible exceptions in the days of body armor) stems from various powers that be accepting that they weren't going to bother teaching anyone to shoot handguns well, so hey,
I think it is a combination of the ability to defeat armor (one of the speced requirements when these weapons were first developed), the ability to make longer range shots. Most people would be pretty hard pressed to make a COM shot at 150 yards with a Beretta M9 (As an aside, the new trend of RDS on pistols makes these types of longer range shots sooo much easier for most people). It is not difficult at all to do so with a PS90. Also, most of the PDW guns I am familar with hold more rounds than a standard service pistol with flush fitting mags.
I also have an AR pistol. For any kind of defensive shooting I would rather have one of my AR's with a stock.
For a civilian I guess I would ask what the envisioned use is? For HD, what advantage does a PS90, an AR pistol or the life have over a my AR, my Aug?
For SHTF, I'd rather have my AR than PS90, or other PDW class weapons.
For having a gun to use for defensive use outside of the home I think a pistol is really the only practical weapon for most civilians. A pistol can be carried on you person at all times. A PDW not so much. Some people like the idea of "trunk gun." I seriously question what defensive scenario you will be able to to access that weapon. Also if one is going to keep an off body long gun, why use a less capable PDW?
I think the most useful setup for a civilian would be something like a G17/19 with an RMR. It can be concealed and carried everywhere that is legal. One can make longer shots should some extremely unlikely scenario require that. With a couple spare mags the capacity is fairly respectable and there is always the option for 33 rd mags. I'll take the G17 on my hip over the _____ in my trunk.