Took my stainless 632 (see pics from earlier post) outside today. About 40F but windy. Do NOT try this cartridge because if you do you will get hooked. 100 rounds of Federal Hydra Shok .327 were just plain enjoyable to shoot. Had my target at 10 yards and the groups were very, very tight. recoil was barely noticeable and the cartridge was so flat shooting that hitting the gong at 100 yards was easy and boring with a dead center hold.
I then took it indoors with 80 rounds of 85 grain hydra shoks in .32 H&R magnum(the .327 velocity is way over the indoor ranges 1,100 FPS limit). It was accurate as hell and the recoil was like shooting a .22. Within the next couple of weeks i should be able to test all of the factory ammo out there and will report. I will probably get another one of these revolvers.
The only negative to report iis that the forward screw on the adjustable sight piece was loose when i got home. I was going to bring it up to Smith this week to have the trigger smoothed out/lightened a little so i will have them fix that while its there.
I think the folks who cam eup with thiis cartridge may have something here.