Hello
I have a British version of the Victory Model in .380" Calibre (aka .38 S&W) and I really like it. I also have a Post-War Webley & Scott Mk. IV .380" Revolver as well. That prompted me to invest in a Lee Hand Press and set of dies for the .38 S&W cartridge, and got me into reloading (very novice still). Lee Hand Press and set of dies were not all that bad price wise.
So far all I have loaded were "Magtech" 158 grain .358" cast lead bullets. They were a bit undersized for the larger .38 S&W bore, but they are hollow based and did better than the Remington commercial 146 Grain .38 S&W cartridges I first fired.
As for reloading the original .380" Mk.I cartridge (the original 200 grain cartridge, aka .380"/200), I have not tried that yet, but plan to do so in the future.
I really like my .380" Victory Model. When it comes to shooting .38 Specials, that is were my 1960's era Model 10-5 comes in at. No, I don't think your revolver was a mistake.
Thanks
Mark