340 PD here.
I TWO have shot 357's in mine. TWO. And never again.
But being built to take a 357, it is strong enough for any 38.
Mine is loaded with Buffalo Bore 125 +P's.
A close second choice would be Corbon DPX 110 +P's.
In my opinion, for the purpose this gun would be used,
fast repeat shots are most important and doable with +P's.
I also think a better pocket gun does not exist, all things considered.
Size, weight, reliability and power.
For those reasons, the PD and M&P rule.
Now if Smith & Wesson would just make the 351 C California legal,
I would be a happy person.
11 ounces loaded with either the new
Gold Dot Short Barrel or Hornady Critical Defense 22 Magnum ammo,
at 1050 fps out of a 1 & 7/8th inch barrel, with almost no recoil,
it's like a pocket 380 that won't ever jam.