They're both cut for moon-clips but since the 357 Mag is rimmed you don't have to use them if you don't want (& I don't).
Newer ones have a square notch rear blade.
Some people have said one or the other has broached rifling but I've never seen an example of one that did. They've all had the EDM/ECM rifling like S&W has largely used since ~2000.
The TRR8 is 1oz. lighter because of the opening in the ejector shroud.
Otherwise, I don't know why they made two models so similar. I'd been happy with a (8) shot 627 full-lug instead of one.
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