Interesting ... sort of.
Is the new company going to offer an improvement when it comes to the design and construction of the older Bulldog .44 Specials?
The reason I ask is that I once bought a pair of 3" Bulldogs, one blued and one stainless.
The blued one wasn't anything to write home about ... occasional problems with function and decent, POA/POI consistency.
The stainless one was worse, and it's cylinder would seize and lock up the gun after anywhere from 1-2 cylinder loads on most days. This was when using factory, standard pressure .44 Special ammunition, too.
I gave it to our agency's revolver armorer, who did a lot of work on S&W's and Colts, and had even done some work on a shorter barreled, blued Bulldog .44 for another guy. After he couldn't get mine to reliably cycle and function, he pretty much threw up his hands, pronounced it a doorstop, and suggested I have the factory try to fix it.
After the second or third trip back to the factory (I can't remember anymore), with letters received with the 'repaired' gun stating the 'problem' had been fixed, I picked it up right out of the box and started to dry-fire it, double-actioning the trigger. When the cylinder seized and locked up the gun in less than 5 cycles of the trigger, I immediately asked the gun store (who had arranged shipping & receiving for me) what they'd give me for the pistol. The gun store fellow was a bit sympathetic, and they apparently had a bored gunsmith who seemingly didn't mind a challenging project, so I traded that revolver off without a second's hesitation.
Let's hope the latest incarnation of the Charter Arms revolvers offer something better in the way of the heavier caliber, lightweight revolvers ... although I have to admit that I likely won't ever have any interest in trying another one.
Maybe I just had the unfortunate luck to have bought two less-than-satisfactory NIB examples at different times, from two different sources. The other fellow who owned the 2" C/A .44 Spl never had any problems with his, although he admitted that he didn't shoot it very often, and I only watched him shoot it once. Dunno. (This was back before we were required to qualify with off-duty weapons, and it wasn't uncommon for some guys to seldom shoot their off-duty weapons on the range.)
I should also say that the original .38 C/A Undercovers were pretty well received by most users I knew, and I didn't have any noticeable problems when I handled and shot some of them. That was with standard pressure ammunition, of course.
I was speaking of the mythic Phoenix, not the "Compton, California Specials" 
