I have a model 60 with 3" barrel and adjustable sights...it's one of my favorites. It shoots well and has option of .38 or .357 the 5" barrel isn't my cup of tea!
I found a Model 60 in a 3" barrel for $600 in Stockton. I almost bought it but decided to get a new 360 M&P 3" due to the weight differance for carry. I will probebly get a 60 3" later. I had a Model 38 Bodyguard I bought in the late 80's and selling it, I think the 3" barrel is just right because of sight radious and the 360 I am buying I have the option to using 38+P or 357 Mag. Something I didn't have in my Bodyguard.
I had both at one time. Both Shot about the same, good of course, but I just liked the 3 inch with the adj sights a little better. As some have said the balance with the full lug barrel is about as close to perfect as you can get. I did take the 5 inch gun deer hunting a few times after I had gotten my buck and was driving deer for others. Never got a chance to use it but would have felt confident in a decent shot if one had presented itself. One thing is for sure it was a joy to carry as opposed to a slug gun. The Desantis holsters sold on the S&W website are very nice. I had holsters for both and was very pleased how high they rode and how close the the body they kept things. I did sell the 5 inch gun however to fund the purchase of a 625 with some regrets. Both would be great additions.
I like your first thought, the 3" barrel would be an easier carry if your thinking of doing that. I have a 2.5" 327 and really like it. A 5" presents other carry problems, but you could probably be happy with either, huh.
I'll get it to the range this week. I hope my wife decides to make it "her" gun. Right now she is carrying a S&W BodyGuard 38. It's a nice revolver but she has great difficulty in firing it accurately.
She enjoys shooting our K, L, and N frame revolvers but they are too big to carry.
She chose the BG38 and thinks she has to live with her decision. She forbade me from buying "her" a new revolver. She did not say I could not buy myself a new toy.
She has already dry fired it several dozen times and is making "gee this is nice" comments. With luck she will adopt it.
I have a 3" Model 60 that has been fired exactly 10 times. I would like to trade it for the 5" model in similar, good condition. If anyone is interested in doing a deal, please let me know. Mine is in the box with all paperwork as it came from S&W.
I just bought the 3" Model 60, Pro Series, this past Saturday. According to the members who posted last November, I would have saved some money, if I had purchased it then, rather that February 25th, 2012.