In my opinion a pinned barrel is a feature that is simply a collectors selling point. It probably makes no practical difference in the function of the gun. It's like the internal locks now, some people will put a premium on the value of a no-lock gun. So, you have to decide for yourself, is the gun worth more/less with/without said feature. You have to remember, to some these guns are rare collectors items, to others they are simply a tool. There is also a lot of hype about the "good ol' days" that is simply just that, hype. But, on the other hand some of the stories are true. The guns made today are probably the best S&Ws ever made as far as materials and quality control and accuracy. But, do the have the soul of the old guns? Only time will tell.