A BSR coverted to .22 might be interesting. One reamed for .38 special ,resulting in split and/or stuck casings , is no fun to shoot.

This opinion is based on my own personal experience. Others have reported more positive results.

As far as general interest of modified BSRs is concerned , once the ejector rod locking lug disappears , so does my interest.

To the OP - it is still a Smith & Wesson , and it will still go bang. The action is probably pretty nice , and it is far better than no gun at all.