Hey, if they thought it would
SELL, they'd be producing them.
One of the things I've been told gun makers look at is the production & sales figures for commercially loaded/factory ammunition. No demand & lukewarm sales? No interest to make a gun for which few companies are making much in the way of ammo, and few people are buying it.
I once owned a pair of original CA Bulldogs. I can understand some of the nostalgic appeal, being a big-bore revolver shooter.
S&W's tried a couple of 5-shot .44 Spl snubs and the market response has been underwhelming.
The ammo companies aren't exactly producing & shipping a variety of great defensive hollowpoint .44 Spl loads, either.
More's the pity, all the way around.
On the other hand, my several 5-shot .38's are smaller & lighter than a 5-shot .44 snub, and my CS45 is thinner, probably lighter than a new .44 snub, and has 6+1 capacity with modern .45 ACP loads.
The market demand for a 5-shot .44 Spl short barreled gun is probably somewhat akin to that of a new .41 Magnum.
Now, you might generate some interest among action shooters if you talked about a 5-shot snubbie .45 ACP.
But not for any more practicality. They might just have a better lobby at their disposal.