Do mostly agree - except I do enjoy handloads for a c.1954 .38-44 that from my research, closely approximate the .38-44 'Hi-Speed' loads of the day.
Always a 158-160 gr. hardcast LSWC or LSWC-HP.
Every once in awhile, I'll use them in a newer M10, but they're a handful.
Other than the HD, they usually go into one of my .357's.
Surprisingly accurate.
I don't think that the duplication of hotter loads from a bygone era is quite the same as modernized +P+ loads which were invented for the purpose of turbocharging an existing cartridge beyond its design specifications, especially if all guns can handle said load without any risk involved.
I'm specifically opposed to the concept of overpressure loads which attempt to push a cartridge beyond its own limitations to the point that only a select few firearms can safely be loaded/fired with said loads.
In other words, I'm thinking of stuff like the .45 Long Colt loads which are only safe to shoot out of a Freedom Arms Revolver, Ruger Super Blackhawk/Redhawk, or otherwise a firearm chambered for .454 Casull or .460 S&W Magnum.
Basically, if it can't be fired safely from a typical example of practically any firearm designed for use with standard pressure smokeless powder loads of any given cartridge, then I would advise against it in favor of simply opting for a firearm which is chambered for a more powerful cartridge.
So yeah, as long as these High Speed loads you are referring to are historical loads which are perfectly safe to shoot from practically any .38 Special revolver, then whatever.
In general, my advice isn't intended for experienced handloaders, but for the average shooter who is shopping for defensive loads. Folks are free to load whatever they like, and provided that they're being safe/responsible about it, I have no issue with that whatsoever. I just don't want to see someone injured because they decided to load up an Airweight with +P+ loads thinking that .38 Special is inadequate for self-defense in standard pressure or SAAMI Spec +P loads.