I have a 5" 60, too. I haven't shot any 125s through it, I shoot 158gr GoldDots and 170gr Gold Dots. I also like the Federal 180gr CastCore. It's a lot more pleasant to shoot than the short barreled 60's or the airweight L-frames. If it breaks, Smith will fix it. Shoot and enjoy!
As for the K frame thing, over the last thirty years I've been issued two K frames and one L frame. I bought the M10HB (I had it rechambered to 357 the day after it was issued to me) when we went to the M65. I passed on the M65 when we went to the L frame(didn't have the money).
Never had a problem with either of the K frames, but I shot the L frame loose and had to have the armorer rebuild it 3 times! The last time he worked on it he told me if it shot loose again, it'd have to go back to the factory for a rebuild! When we went to the Glock 22, I passed on the L frame, simply because I didn't want to have to pay to have it rebuilt by Smith.
The problem with the K frame comes on high round-count guns using the 125gr load. The forcing cone can crack where it is the thinnest (the clearance cut for the crane, on the bottom of the barrel). The J frame guns don't have this cut and the forcing cone is better supported by the frame, so that problem goes away. The L frame, with its larger cylinder (more rotational mass) will shoot loose with lots of fast double action shooting (police training and qualification). You pays your money and takes your choice.
We fielded over a hundred K frames during those years and never had any catastropic failures with them. Unless you're shooting thousands of rounds a year through the K frame, I wouldn't worry about it.