I would not be happy with it either. I see that Smith and Wesson is currently owned by Saf-T Hammer, which is publicly traded.
Publicly traded companies are forced to serve the interests of investors by maximizing profits through continual cost cutting. Failure to do so results in stiff fines. Cost cutting can sometimes be done without negatively impacting quality, but too often quality suffers.
I worked for many years as a rank and file worker on an assembly line, then spent several years as an inspector in the quality control department. Time and time again I observed that when I began to see very few defects in the product the company saw it as a signal to eliminate a few assembly positions, move portions of those jobs to other workers, and speed the line up.
They seemed to feel that maximum productivity wasn't being met unless a certain percentage of junk was going out the door.
To me, this is ignorant and short sighted. In putting quality first, big profits might not be realized in the short term, but in the long term the customer will appreciate an excellent product, and the company will make an excellent profit and endure for generations.
Too many old and trusted companies try to cash in on their name, but are no longer worthy of our trust.