Tenser products and preservation of limits, for acts over monoids

In 1971, Stenstrom published one of the first papers devoted to the problem of when, for a monoid S and a right S-act A(S), the functor A circle times- (from the category of left acts over S into the category of sets) has certain limit preservation properties. Attention at first focused on when this functor preserves pullbacks and equalizers but, since that time, a large number of related articles have appeared, most having to do with when this functor preserves monomorphisms of various kinds. All of these properties are often referred to as flatness properties of acts. Surprisingly, little attention has so far been paid to the obvious questions of when A(S) circle times - preserves all limits, all finite limits, all products, or all finite products. The present article addresses these matters.