I love everything about the Ruger, except that it is a bit bulky for pocket carry....and pocket carry is what revolvers in this class are all about! The grip is large, and for some reason they put a rather bulbous trigger guard on it. I will be sticking with the ultralight J-frames myself.
I have no doubt that you are correct in your assumption and your statement - but for my purposes this one works very well. I wanted something my wife could shoot that didn't have a lot of felt recoil (.38 Special) and would fit her hand well and one that I could use for CC when hot weather comes around as I normally carry IWB or OWB at 4 o'clock, not in a pocket, and I prefer the more powerful .357 mag. round, but I too don't want to rip my hand off with the recoil of a small lightweight. My point is that the Ruger serves two functions (as would a S&W Mdl. 60 in .357 mag.) but is priced at $418 vs. $499 for the Smith. I think that says something interesting plus the Ruger handles as well - maybe even better, but it weighs in at 17oz. vs. 22.6 oz. for the Smith. When I can have something that performs like my 686 but only weighs in at 1 lb. I'm going to look at it hard.
Pete