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Smith & Wesson has been manufacturing firearms since 1852, making it one of the oldest firearms manufacturers in the United States.
It is really difficult to understand why they have fallen so down on their products and past historical legendary reputation??
That is a very simple question to answer. S&W is NOT the same company (completely different ownership), NOT the same leadership, ethics, morals, employees etc. that it was back in the day. Unfortunately, this phenomenon is not exclusive to S&W and is quite common. Off the top of my head, I can not think of a single company that has been around for over a hundred years that has not changed over the decades. All the American car manufacturer's, appliance company's, clothing manufacturer's, etc. are company' today that would not even be recognized by their founders.
There have been many company's including gun company's that fell off their horse, however most have addressed the issues, repaired their broken ethics and failing practices, hired, trained and supervised better quality employees and now produce a better product. Remington, Colt, Ruger, Marlin, Taurus, Rossi, etc. were all victims of quality control and have now turned themselves around. S&W??????? Hello.......