I load, and shoot 38/44, never have had a problem. All ammo boxes are marked as to the load, and guns for use.
Also keep in mind that S&W proofs their handguns to MUCH higher pressure than SAAMI, IIRC somewhere around 50K. When the 38/44 was a factory round it was advertised that Colts could handle them. The Colt Official Police was built on a .41 caliber frame. Not only did they advertise them for the OP, they also advertised the small Police Positive safe for use of the 38/44.
As I have pointed out before I was friends with a detective who carried factory 38/44 in his duty J frame. Not sure how much he shot it with the hot loads but I do know of one occasion, his gun did not blow up. Nor did it show any indication of becoming out of time from one round.
Even standard ammo puts wear on a gun, though it could take a century before that wear is noticed. The hotter the ammo the quicker the wear, minimal use of hot ammo is doubtful to blow a gun up. Unless something is wrong with the gun in the first place.
38/44 tends to give impressive results with less pressure than .357, could be that less powder is needed for the same velocity. IIRC the pressure for 38/44 was around 25K CUP, far below than .357 standard pressure. I doubt I am the only one to clock random factory ammo at much higher velocity than possible for a correct load. Or much less, though so far I have not had a factory squib, but some damn weak ones. I weigh every single charge on 38/44 loads, well all loads.
If a person is shooting from a gun rated for 35K, then 25K is not going to be dangerous. Reloads should never passed to anybody in any load unless the source is well known. Use common sense, and make wise decisions. Remember that we are not responsible for your decisions, no matter how much free advice we give.