I was fortunate enough to obtain both a 696 & 296 new just over a year ago. The 696, all SS, is considerably heavier than it's enclosed hammer lite weight sibling. It comes with an Uncle Mike's rounded backstrap-enclosing combat grip, like the standard equipment grip on current 10's. I replaced it with a squared version, a la the current 66's. I then put the 696's UM's grips on my 296 - making all of the difference, grip and recoil wise, to the 296. Both grips are available from S&W Accessories for ~$30.
The 696 was dropped in the fall of '02, well over a year after the 296. Although new 696's are long gone, new 296's still persist. It originally sold for $789 - and I know at least CDNN Investments still list them for $370 new. They came in a metal box within an outer sleeve and should have a massive Masterlock with them. They are indeed ammo-restrictive - 200gr or less and clad-only. I have used PMC 180gr and CCI Blazer 200gr Gold Dot HP's, it's apparent favorites. With those rounds, mine hits point-of-aim at 12-15yd reliably enought to consistently knock five out of five 4-6" plates. The recoil is more abrupt than hard - covering the backstrap, as the UM's Combat grips do, is a 'good thing'... albeit at a slight increase in size. Those aluminum Blazers are a bargain locally - $13/50 - and the only .44 Specials I can find outside of a gun store (Academy Sports/Outdoors stores carry them at that price.). Speer designed that bullet (#4427) to open by 800fps - and I chrono-ed those Blazers at 805fps from my 296. Heavier bullets - and poorly crimped lead - can unseat in the other cylinders as you fire - making the revolver 'jam'. This, and the alloy topstrap's erosion, are mainly responsible for the ammo restrictions.
After ~1,500 rounds through mine, mostly those Blazers, I have only found one possible problem area to watch. The cast-in-place cylinder stop on the frame barely overlaps the cylinder when it is swung out for loading/unloading. Mine is showing wear - avoid hard 'hits' on the extractor rod, or that harder-than-steel Titanium cylinder edge will shear said cylinder stop from the frame - and you will have the cylinder in your lap! The Ti cylinder does require care in cleaning, too. Problems... but still, at 21+ oz loaded with those Blazers, a very good CCW. Mine has a home.
Stainz