I have a MOdel 60 S&W 3" Bbl. .357 Mag. and
as a carry SD/HD load I use .38 SPecial +P 125 gr.
SPeer Gold dots. Less muzzle flash, and more contrllable
than .357 Mag 125 gr. same Speer 125 gr.
I also looked at a link where some guys cut down a barrel
of a T/C Contender in 1" increments from 18" to 2" and
the .357 Mag with a snub 2" Barrel and 125 gr. bullets is
about the same velocity as a sub compact 9mm luger 124 gr.
and when you consider J-frames are 5 shoooters and many
sub-compact 9mm luger semi-autos are double stack
with 10 or more rds in the magazine. well, do the math....
Here's the link....
http://www.ballisticsbytheinch.com/results.html
That said, there are some offerings by SPeer and
CorBon that come to mind which are designed for
short barreled platforms with very fast burring powder
and something in the powder to minimize muzzle flash.
Best,
Randall