I dearly love S&W revolvers and have collected them for over 40 years. However, as bad as S&W's QC has gotten in the last few years, if buying brand new, I'd go with Taurus.
While I am quoting one individual, I do not mean to single anyone out, as, I believe, this is simply a commonly held misconception.
No disrespect intended, but this is, objectively speaking, a narrow view of the revolver market based on two assumptions.
1) Revolvers, or guns in general, must be priced within a certain narrow range. And, that range must be a fixed set of numbers that does not allow for inflation or devaluation of US currency.
2) Customers presumably must accumulate as many revolvers as possible, depending on their needs (whims?).
What might be considered an example of S&W’s best work?
Let’s go with the pre-war “Registered Magnum” for argument’s sake. This is widely regarded as, perhaps, S&W’s finest example of revolver production. Priced at $60 retail, during the height of the depression in the 1930s, is it possible that for those customers who were able to buy one that it represented a major personal investment on their part? With all of the interest in the “RM” here on the forum, I don’t recall any accounts of someone who “collected” them back when they were being made.
Generally speaking, it seems that if you bought one, you cherished it.
Maybe, today, we can look at it the same way? Maybe, the current marketing and offerings by S&W, whether you are a happy customer or not, have a lot to do with them being forced to price products within a range that simply does not allow for the manufacture of a modern day equivalent to, say, a Registered Magnum or a Fourth Model .44 Target?
Another line of thinking might be, “I’m gonna sell off a few things I don’t shoot, save my money, and buy (just as an example) a Korth or a Manurhin revolver, and be happy with that.”
Instead of dozens, or more, revolvers, you might just own one or two really fantastic examples?
Admittedly, this is a line of thinking that falls well outside of the mainstream. And, I’m not suggesting it’s a “better” line of thinking. Just an alternative….
Or, couldn’t you just buy a Colt or a Ruger?
Addendum: Just for comparative purposes, I’ve added a picture of the lockwork currently used by Korth.