Quote from Krogen: "I think the 586, in any of its variations, is the perfect revolver. Yeah I love my N and K frames. Some of them are special in their own ways. But the 586 is just right."
I think you nailed it.
I have two 586s. One is a 6" commemorative commissioned by my department. It is in a shadow box along with two challenge coins (to show back and front). It is on the wall above the plaque with my retirement badge. It takes me back to the era when we carried revolvers that were works of industrial art. Obviously this one is display only.
My other 586 is also a 6". I ordered it with the tall Patridge front sight to allow a neck hold at the 50 yard line in PPC shooting. This one has received just about all the customizing possible while still retaining the factory barrel, and thus, in my opinion, the original engineering concept of the 'L' frames.
This one is a shooter. Every time I roll back the trigger in DA I am again convinced of the merit of this design.
For EDC, I, like countless others, carry a polymer framed compact semi-auto 9mm pistol. All factors considered, I think it is the most practical tool for the purpose.
I also enjoy shooting it, given that shooting itself is very enjoyable. But the 'L' frames are in a class by themselves, at least to us, uh, vintage types.