I realize there may be some bias. Tell me why I should pay more for the smith, when the ruger is supposedly more durable.
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I realize this discussion has been going on for a while now but I wanted to add my two cents. I had both the GP100 and the 686 at the same time. I ended up selling the Ruger off after having both a while and shooting them side by side, so to speak. I'm not going to bad mouth the Ruger at all. It is a fine revolver and a solid performer. I'd just as soon trust my life with it as my 686. It certainly can shoot better than I can do with it.
Now I ended up keeping the 686 even though it cost more and has the lock (I don't get my drawers wadded up over the lock). It's a more refined revolver to me. It fits my hand better and at least to me seems to carry better.
You can't go wrong with either in my opinion. Ruger makes fine weapons. I have the GP100's baby brother, the SP101, and it will not leave my possession. I've got a Model 60 that I'd let go before I sell that Ruger.