Well awesome, everyone seems to be having fun with this thread! I had really hoped as much. This gun I believe is a type that elicits strong emotions. I love that kind of gun.
Jim summed up a lot of what people have said, I've taken a snippit out here:
First off, I did get it for a low price, not peanuts, but a price that is low enough I am very pleased with the gun, despite it's issues (I must admit that I, like most of you, find the fitz job in particular to be horrifying).
I intend to do nothing to the gun aside from cleaning it well, hopefully finding a nice Star on the butt (and getting corresponding SWHF documents, hey a guy can dream can't he?), and maybe trying my hand at making additional grips for it. I have this dream of learning how to jig bone, but that's a topic for another day.
I believe some, or many, of the questions people have regarding the gun are answered in an article out of the March '35 American Rifleman, along with (what I believe you will agree with me on), a firm resolve not to actually change the gun.
When this gun was pointed out to me I recognized it instantly as an example of Frank Frisbie style butchery, particularly the "complete removal of the much-cussed hump on the grip".
As sad as it all is, the way that Frank fully admits what he did horrified collectors... in 1935 no less... well there's a certain charm there to me.
I hope you all get as much entertainment out of our poor butchered Roscoe as I already have, even before having it in hand.
Oh, last note: this is obviously not the gun in the picture. The sight is different, and the stocks are obviously different. However this gun clearly was inspired by (or maybe inspired?) Frank.
My hope of course (being me) is that someone was reading their new copy of American Rifleman, and found this article, and thought; "This frank guy is onto something, I hate that much cussed hump too! I think I'll send it back to S&W with a copy of this article and have them improve this gun to Frank's specifications!"
Of course I doubt that will happen, but it's fun to dream about.