The .44 S&W Special, like the .45 Colt, fires a big bullet at moderate velocities. It makes a nice large wound channel, and does not over-penetrate like a .38 Special with a 158gr round-nose bullet.
In the large N frame revolvers, the recoil is readily absorbed and doesn't feel like your wrist has been whacked by a karate expert. In the larger frames, it feels more like a .38 when fired. Even in the smaller L frame revolvers, the recoil is very mild, not unlike a .38 Special.
It's been refined for over 130 years, so bullet weight/caliber combinations are optimized.
They're easily reloaded. Since the pressures are relatively low, the brass tends to have a very long life. You don't need magnum primers nor hot powders, so the revolver doesn't get beat up with hot loads.
I own three S&W's in .44 Special - A Model 24-3 (3"), a model 21-4 (4"), and a model 696 (3"). I've yet to own or shoot anything more fun than these.
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