Well, they exist, just on much older Smiths:
As mounted
You can find them on the 'bay: Smith& Wesson flat latch. Might be worth a go for $20
Brilliant!! What was I thinking??? Of course, the I, J, and Airweight K frame(slightly larger) flat latches from 1951 to 1966!
Three different basic styles from real flat and rounded (early Baby J frame Chiefs Special), to ramped. Attaches with a 'male' screw instead of a 'female' cap nut, so the locking bar in the frame must be replaced as well. But no big deal!
Exactly what they were designed for, the recoil of the lighter small frames and airweight frame.
USE OF FLAT LATCHES
The very earliest model Chiefs used a standard latch. The earliest known 1st style flat latch began exclusively on the "Baby Chiefs" J frame with the 1st known #111 (presented by S&W to Col. Rex Applegate), on Chiefs for the next year or so after ~ #117 in very late 1950. The only other model to have used the 1st style was the alloy K frame Pre and Model 12 (including for the safety catch on the French Police version), never on the I frames. The Baby J frame in the 25,000 range, began a transition to the 2nd style flat latch in 1953.
The I frames used all four styles of the standard thumb piece before beginning use of the flat latch, starting with the Improved I frame (coil mainspring) - 2nd Variation (with ramp sight and barrel rib) in 1953; above # 60430X on the .32 I frames, and at around # 747XX on the.38 S&W .38/32 I frames.
There are no Improved I frame .22/32s neither 1st or 2nd sight variations; so for the .22/32s, the coil spring and 2nd style flat latch began with the Model of 1953 New I frames.
So all Models of 1953 New I frames and New J frames were introduced using the 2nd style flat latch. A transition to the 3rd style flat latch began in the late 1956 period for all I and J frames until discontinued on all models in 1966.
THREE STYLES OF FLAT LATCHES:
1st style flat latch; convex surface and very slight ramp towards the front – Baby J frame Chiefs special:
2nd style flat latch* began on the Improved I frames, K frame airweights, and Baby Js just prior to the Model of 1953 New J frames shown here; higher ramp and flat face:
*two-bit cowboy has identified a 4th style or sub variation of the 2nd style; same shape but with only 8 serrations.
3rd style shown on lower .38 Chief Spl. in first photo, with steeper incline at the front, and in 2nd photo; also used on Model of 1953 New I and New J frames, and K frame Airweights beginning mid late ‘50s; ending in 1966.
Photo by Watchdog