Some folks have had issues with Rossi due to the guns being serviced by Taurus USA. It seems to be more the poor servicing than the guns themselves.
But since you've checked this particular gun out yourself and like what you see I would suggest that you'll really enjoy it.
Since you have some .38/.357 handguns already then it only makes perfect sense to get the .357 Rossi.... unless you figure you need an excuse to buy a .44Mag handgun to complement your new rifle....
DO NOT try feeding full on wadcutters. They are too short and two will try to enter the loading area at a time since there isn't enough drop in the bullets to catch the rim of the second one. I tried it and had a helluva time getting them out of the gun. Just don't do it.
Oddly enough if you only load one it feeds just fine. The issue only occurs when you have two or more in the magazine. You go to rack the first one into the chamber and the lever opens then will only partially close. You're officially stuck.
I'm using mine for CAS events so I'm trying to cycle it super fast. When used that way it does have an issue with the shorter .38's. It pokes the odd one up so it's standing up and pointing at the sky. WHen that happens I need to push it back down onto the cartridge elevator. But when cycled at anything short of hyper speed it handles the shorter stuff just fine. The key, even at hyper speed, is to pause for even a 1/10 of a second with the lever fully forward so if the round does jump off the elevator it has time to fall back to be smoothly chambered.
WIth full power .357Mag ammo you can reach out and happily hit targets at 300 yards with surprisingly low drop compensation. I wouldn't want to be trying for any game at that distance but for targets you can shoot it and surprise a few folks. Of course with .38Spl the rather rainbow like trajectory would make it a real challenge to hit something at 200 yards.