You're missing something, PigPen.
I am trying to understand why anyone would choose a pistol which is limited to .44 special caliber ammo, when they could get a 29 (or 629) and shoot both .44 special and .44 magnum.
S&W Model 29 or 629 = N-Frame
S&W Model 696 or 296 = L-Frame
Big difference in the size of the guns. There are big N-Frame .44 Specials, true. But there are NO small factory L-Frame .44 Magnums. And I wouldn't recommend boring out a 696 or 296 cylinder to accomodate the latter, either. Remember, this is a carry gun. Sure, it ain't something Danny Vermin would want to pack, but his .88 Magnum shoots through schools, too. A heavy-bullet .44 Special does the job quite nicely without succumbing to Magnumitis.
My own 696 was somebody else's red-headed stepchild, as it were. I bought it on a whim, and the 2-Benjamin price was right. Even though I wasn't a big fan of stainless wheelguns, I was certain if I didn't like it I could sell it and at least recoup my investment. Then I took it to the range, with a box of 200gr SWC's. Wow! When this 3' L-Frame is that accurate, no wonder they put target sights on it! This one's staying with me.
Now it's MY turn to take exception. I have two of the HKS CA-44 speedloaders. They hold the .44 Special rounds so loosely, that the bullet noses have no trouble getting guided into the chambers. The speedloader does bottom out on the star extractor showing about 1/4" of the rounds, but that's plenty deep enough for the reload to finish smoothly.
Defensive .44 Special ammo hard to find? Mine carries the Federal 200gr SWCHP rounds, but there's also the popular Blazer 200gr GDJHP, then the PMC 240gr LFP and 180gr JHP, Hornady XTP 180gr JHP, Master Cartridge 200gr JHP, Remington 246gr LRN, Wincester 246gr LRN and 240gr LFN, Black Hills 210gr FPL, and Buffalo Bore 180gr JHP (255gr SWC's, but dunno if I'd want to hold on to those moving closer to 1000fps from a 696). Should be something in there that would cause terminal lead poisoning in your average bad guy. And it will do so without the pomp and circumstance of the magnum rounds.
I had to buy a bunch of locally-made cowboy loads, and shoot them up, because they were in new Star-Line brass. Now that I spent the money to get the brass, I'm curious if Phil would like to share his supplier's name with the rest of the 696 owners here, too?
I did change one thing. I put the 696's original Uncle Mike's grips in the box that my Altamont replacement grips came in. The walnut Altamonts feel great, the recoil isn't too sharp, and it adds a touch of class.
The L-Frame .44 did indeed shift my opinion of stainless wheelguns. I'm in the habit of going through my gun safes and carry/nightstand/closet guns, with a bottle of Rustprufe about once a month, call it a bit of preventive maintenance. The stainless 696 seems to have no problem with the beach-side salt air of the Florida Spacecoast. That's just another bonus, in my book!