It's pretty much a niche caliber, guys that own them generally like the cartridge, guys that don't either compare it to .40 loads, or 9mm +P+ and say "why bother?". IF I was going to experiment with the 357S, I'd buy a trade-in .40 and a conversion barrel. I shoot it in a SIG 226 and HK P2000, both are converted .40s Pluses as I see them:
1. Comes close to duplicating the effectiveness of the .357 MAG revolver with the 125s shot out of a 4" barrel, but does it with increased capacity in a generally a smaller platform.
2. Theoretical increase in reliability due to stuffing a .355 bullet into a .40 hole. I say theoretical because my other non-bottle-necked cartridges have proven just a reliable.
3. IF you reload, it can be (is for me) cheaper to reload for than .40 or .45 due to decreased coast of projectiles. Depending on the bullet, the only difference between 9mm costs and 357S are a few grains of powder.
4. I find it has slightly less recoil that "hot" .40 loads, but it does have more flash and "blast". You WILL get noticed on the firing line!
5. Weighs less than a mag full of .40s with heavier bullets....
6. IF you own a .40, you're only a barrel away from owning a really cool caliber.....
Minuses:
1. It's (more) expensive to practice with. IF you buy in bulk on line, it's not horrible, but don't expect to run down to Walmart and buy a box at the last minute.
2. It's like any high performance round in that it takes practice to be able to shoot it effectively (see above).
3. Guys next to you in an indoor range will not be all that pleased.
4. You'll constantly get replies to your 357S posts on forums telling you about 9mm +P+ and .40 loads.
Honestly IF I didn't reload, or have the opportunity to practice a lot with it, I'd stick to 9mm (but I say that about every caliber, other than 9mm). The 357S does have a cult like following, but I'm not sure how much of it is actually due to the .357 Mag's reputation with the 125s VS the 357S. The bullets between the 2 are different, the vaunted 357MAG 125 load had more exposed lead. From what I've read there are some agencies that issue the 357S and are pleased with its effectiveness. It's supposed to do very well when it comes to barrier penetration.
Bullets I've loaded: Sierra 125 V-Crown, Speer 125 GD, Speer 125 FMJ, Berry's heavy plated 124 FP. I've used N350, Blue Dot and lately Long Shot to mimic the factory Speer 125 GD load.
Chuck