Ok, here's my update, now that I actually have the gun in my possession. Its in excellent condition. Not a scratch on it, no flame cutting, no cone erosion. The previous owner claims nothing but 38 specials shot out of it. On one of the cylinders the cylinder lock fails to engage, thus there is no "second click". It's just barely off, if I just tap it gently or shake it, the lock engages (click). Also, the endshake seems quite acceptable, but the cylinder does not spin very freely. If I spin it it probably spins only 2-3 revolutions. I'd like to know how to fix that as well, or if it is related.
I've been reading and absorbing Sylvan Forge's sticky model 10 post and I want to buy a proper set of screwdrivers and Jerry Kuhnhausen's The S & W Revolver: A Shop Manual. Also I have detail stripped my 1911 a number of times and fixed a few ornery guns that have crossed my path.
I'm contemplating doing things gradually and in this order:
1. Opening the side plate and inspecting the innerworkings without touching anything. Spray with gun scrubber, let dry, then a gentle amount of CLP. Hopefully that will get the filth out.
2. If I haven't managed to fix it yet, I may come back and do a detail strip. Thoroughly scrub the parts. A light coat of CLP, and then reassemble with a new Hand Torsion Spring, Wolf Rebound Spring (maybe 14#), and a Wolf mainspring. This is strictly a hobby gun, so I'm ok with testing for light strikes.
3. Beyond that, I would probably need a gun smith to adjust / fit the hand or cylinder lock.
Does that sound sensible?