It was my understanding that it was a voluntary recall both by S&W and the owner of a 586. In other words, if there was a problem, S&W would fix it, however, if the owner did not have a problem, it didn't have to be fixed.

Although I used to own a 586, I have had a problem with my gun and never sent to S&W under the recall. I followed the saying that if it isn't broke, don't fix it. But then I didn't use my 586 much. The decision is still yours as long as S&W is still willing to fix a potential problem.