Smith's warranty is still intact as far as I'm concerned. Bought a used 65-3 in pristine condition last year. Cylinder rotation was very, very stiff so I sent it back to the factory. Got a call that the frame was cracked and they offered me choice of several guns as replacement OR I could take the cracked-frame gun back and that would be the end of the issue. I chose a 642-2 as replacement and it was **free**. So I'm stoked about S&W.