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I'm waiting a bit, hoping to trade up to the S&W 640 when a real estate sale closes on the 24th. In the meantime, I found this today - Most Versatile Handgun: The .38 Special, .38 Special +P and .357 Magnum Revolver
which echoes many of the things we've discussed here. I particularly like the part about bears - they wander into Seattle suburbs from time to time. So it looks like there's a lot of versatility in the 357, depending on the load and the situation.
If a bear wanders into your neighborhood and you have a .357, try to wander into your house and use 911. If you search really hard on this forum, you might find a thread or two about handguns and bears.