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I bought a 431 32 H&R mag a while back. Stuck a plug in the Hillary hole. Then I found a J frame 32 H&R cylinder for sale on E bay. A hour with my 327 mag reamer and some fitting and it now easily chambers 327. Bit snappy but manageable. Kinda loud too. LOL. The original cylinder and lock parts are stored away so I can make it all stock anytime I want. . You could fit one the longer 32 mag cylinders in a steel J frame if you trimmed the barrel shank back. I have a decent one but once you do that it is non reversible. It would soak up the recoil better. I have a spare J 32 barrel and keeping my eyes open for a donor frame.

My 431 summer carry gun with light clothing. Right front pocket.
 
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The only 327 Federal S&W ever made was a J frame, the 632, Using the same cylinder. S&W also made an alloy J frame in 357, the model 360, which would have been more stress on the frame.

I just won a used model 642 on Gunbroker so they cylinder will be going to live in a steel frame. SS frame blue cylinder and barrel.
 
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I have both a 4” Model 631 (adj sites) in 32 H&R and 4” K frame custom “616” in 327 Fed Mag. Others may disagree, I but I find the H&R quite sufficient for the little J frame and reserve the Fed Mag for use in the K frame. The FM in a J frame just strikes me as “too much of a good thing” for that platform. JMHO, YMMV!

Froggie
 
I like options. It is a bit much in an air weight. About like my 640-1 with 357s. I got the cylinder with an alloy yoke for $58 including shipping and I already owned the reamer. I just picked up a stainless 642 for $375 and will have $405 once I pay shipping and FFL. So that is $463 and I think I paid $50 for the 32 cal barrel so I will have $513 total in a J frame 327 mag. I rented the reamer from 4D and a flute got chipped. Rather than pay to sent it back and pay for damages, I just kept it. It still works perfectly fine.

I own it plus, 2 45 colt reamers, a 22 lr reamer a 22 mag reamer. A complete set of chucking reamers to 1/2" and a set of adjustable.

I have a fixed sight 3" 327 K frame, a 6" K frame 327 with adjustable sights, and a 327 cylinder for my 16-4 4" plus the original 32 H&R cylinder for it. Why not a 2" J frame. LOL
 
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I was out in the shop looking and I have 2 J frame 32 barrels, a 2" and 3" both with the long ramp sight. Kinda torn, the 2 is a bit more concealable, but the 3" would get more out of the magnum. Ballistics by the inch shows 3 different rounds. The 85 gr Federal hydra shock getting 1331 vs 976 for 355fps more, the 100gr American Eagle 1396 vs 1056 for 342 fps and the 115gr Gold Dot 1316 vs 1042 for 274fps That is a lot more umpf. But for an idea the 115gr Gold dot 327 at 1042 from a 2" has 226fps over the fastest shown 110gr, a Corbon 38 special from a 2" shown at 814.

BTW a 85 gr federal 32 H&R shows 845 from a 2" and 953 from a 3" so the jump in power is substantial looking at 32 H&R vs 327. In the energy dept, the H&R is even or slightly below the 110gr-125gr 38 specials and the 327 out outperforms everyone of the 38 specials by a significant amount 2 or 3"
 
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I am leaning in the direction of the 3". It is a light barrel. Only be maybe an oz more weight than the 2" and big gain in fps. I like 32s for pocket carry. Wonder how hard to finda a 3" pocket holster, but always make on of them. I don't think I have a 3" J frame ejector rod and center pin though.

Reverse pinto, blue cylinder , barrel and thumb piece with a stainless frame.
 
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Well, duh the used 642 I picked up was an air weight, after some consideration I decided another light 32 mag was still a good thing and fit the 2" 32 cal barrel I have to it and stuck the cylinder reamed to 327 mag in it. Going from a 5 shot to 6 shot cylinder did not cause any problems at all. It was a just a tiny bit sticky on a couple chambers when I started dry firing it without the barrel installed, but that went away in a couple turns of the cylinder to became completely smooth. I do not have to fire 327 mags in it and 32 H&R is a respectable round. A J frame plug is on the way. I think the lock is stupid.

I will save the 3" barrel and keep my eye out for the right steel frame and another cylinder

My pocket carry guns.
327 mag cylinder J frame pinto
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the set
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I have been a .32 fan for quite awhile. I still shoot my 16-4 and carry a 432PD. Neither have been converted to 327. In the 432PD the 32 H&R appears to accomplish anything I need done. I do have some Culina grips on it and they do fill the hand well for recoil control. The little piece only weigh's 13 oz (empty). With my arthritis I don't create any additional recoil.
 
I have made 2 K frame 327s a 3" fixed sight and a 6" adjustable sight. I have a 4" 16-4. Its original cylinder is still 32 H&R, but I have fitted another cylinder in it that chambers the 327

Part of it is I have found a lot more 327 stuff on the shelves than H&R. I did buy 500 pieces of H&R brass and a 32 mold.
 
Had an interesting failure with the 642 with the 32 barrel and 32H&R cylinder reamed to 327 Federal. The small group I shoot with every Tuesday evening had a silhouette set up at 40 yards to simulate the recent situation in the Texas mall. We took turns firing 10 rounds trying to stay under 14 second. I had never fired the 642 since putting it together, and my first turn using 32 longs I only got 4 rounds all right at the bottom of the target. My next turn I used a neck hold and got 7 of 10. I am not unhappy with that using a light 2" gun. I did a cylinder at 10 yards and got cluster just a bit bigger than a golf ball. I am happy with the gun firing 32 longs. I had no H&R rounds, but had some Federal 100gr jacked soft point. So I try a cylinder full on the 15 yard steel plates. It was going fine, then gun locked up after round 5. The problem was a small piece of copper stuck above the barrel extension rubbing on the cylinder face. I popped it out with the tip of my knife and gun runs fine. I don't get it. After I set the B/C gap I recut the forcing cone, the carry up is a tiny bit early if anything, going from a 5 shot cylinder to a 6 and I can feel just the tiniest bit of extra pressure right after the stop locks it up as hand squeezes by each tooth. Actually kind of stages the trigger. The cylinder is positively locked up when the hammer falls. The jackets taper so that only about .22 of lead on tip is exposed. The bullets do have a pretty deep knurled crimp groove and I am wondering if a piece of the jacket behind one tore leaving the crimp and ended up stuck between frame and barrel. As you can imagine, the recoil is pretty sharp and I also wonder if that caused the bullet in round 5 to have torn at the crimp a bit before being fired, then pealed off when fired. The cylinder is long enough the bullet could jump forward almost 1/4" before it would stick out of cylinder face.

I just find it hard to believe it was shaved of on top with the forcing cone I gave it and its alignment. If you shine light though the B/C cap and look down the barrel, the alignment on all chambers seams to be dead on. Plus, the crane on the 642 is stainless instead of alloy like on the 431pd which I first used the cylinder firing 327 rounds on with no trouble.
 
I believe it was a fluke deal. But, I been thinking about it. When I was firing 327s with the cylinder in the 432, I had fired 6 rounds then 4 more from a 2nd cylinder full and as there were no plates up I quit, leaving 2 rounds unfired. Those went back in the box and would have been in the cylinder full that cause me a problem. One of them may have been riding in the cylinder for 9 rounds. I just now went back and measured the first 10 rounds on the used end of the box. 9 of them were 1.457 +- .003 , but one was 1.485. .025 longer than any of the rest. I bet money it was the round left when the gun locked. While it is nice an option and interesting, firing very many 327s in a air weight J frame isn't something I plan on doing a lot of. The recoil isn't actually painful, but it is significant and I have no doubt I can put more 32 longs or H&R rounds where they count quicker. I am going to keep my eyes open for a steel frame and another cylinder. I have no interest in making the gun back into a +P 38 even though I saved all the parts.
 
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