My 37 (from the 70s) suffered a cracked frame. It was in like new condition, had obviously been fired little, if at all, and the crack occurred in that part of the frame where the barrel screws in. S&W replaced the gun. There are probably some Internet warriors who claim to have fired thousands of +P loads through these revolvers, but that doesn't make such practices sound.
>there is no set definition for .38 +P except "higher than standard pressure"
There are, indeed, SAAMI specs for .38 +P. It's "+P+" that means, "God-only-knows-what-pressure".
I have a 1968 model 37 airweight. It is a beater that has been around the block+P is loaded to 18,000 PSI. Max for the caliber is 21,500. This seems to indicate that +P is actually loaded well below max pressure and my experience is that it is a fairly mild load.
Any gun that cracks the frame with factory ammo is defective.