I shot the M49 today at my range. Fired two loads:

148 grain Lee tumble lube wadcutters over 3.5 grains /Bullseye. Got a 10 shot group, 2 handed, 7 yards of about 1.5 inches diameter, centered 1 inch to the right of point of aim. Good for elevation.

148 grain HBWC over 2.5 grains/Bullseye. Printed about a 2" 10 shot group, 2-handed, 7 yards, about 1" to the right of point of aim. Good for elevation.

Moved back to 25 yards for a giggle, and was getting about 4-5 inch groups with the 148/3.5 grain Lee tumble lube wadcutter, about 5" to the right, and ~ 3+ inches low of point of aim.

The 3.5 grain /148 gr wadcutter had decidedly more kick than the 2.5 grain load. I had these loaded from some past accuracy testing of a Model 14, so I figured I try them. I think I'll cut it back to 3.25 grains or so. It was my first outing with a snub nose. Frankly, I wouldn't want to shoot a 357 mag in a Model 49/649.

I did learn that I COULD take the model 49 squirrel hunting, as it is accurate enough for head shots. I just have to get within 5 yards of my quarry.

Fun to shoot.