I recently attended a snub workshop with M. de Bethancourt, who specializes in snub training.
What I learned in eight hours of working hard and practicing, was that I personally prefer speed strips, with one caveat:
When performing a reload, what is your intention?
If getting back into the fight as quickly as possible is the intention.....
I learned that, a speed strip carrying only 4 rounds is perfect for me. It is easier to manipulate, and gets one back into the fight much quicker (as opposed to loading all cylinder charge holes).
during my training, we would fire 5 or 6 shots (depending on weapon being used) and then proceed to reload using the unique method being taught by Mr Bethancourt (revolver stays in dominant/firing hand).
We would then dump two rounds only into the cylinder, and bam! Back in the fight. (we worked on subconsciously indexing the cylinder, so that the rounds loaded were first up in the firing rotation, among many many other details)
Of course, we also trained with multiple types of speedloaders and loose rounds. The main theme of his training was to keep you alive during actual threat to your life.
If anyone here would like some real world snub training, look up snubtraining.com or Northeast Tactical Schools, or simply go to Youtube and look for Michael de Bethancourt.
Here is a quick video that shows some very basic beginnings of what this gentleman teaches:
http://youtu.be/sjRTdXvjBmE