Tjhands,
First, congrats on your decision to buy a .41 Mag. You'll find them fun to shoot and maybe find yourself getting spoiled by them!
I've owned a pair of S&W Model 57's and a Model 58 (M&P model). All were excellent shooters and nicely built. I've fired one of the Taurus 415T revolvers - a 5-shot, medium Titanium alloy framed 2" .41 Magnum! With the ported barrel and the Taurus grips it wasn't as bad as most people might think. Stout? Sure. But no worse than a .357 Mag snubbie and perhaps more controllable.
I've not even
seen one of the fabled Colt Anacondas in .41 Mag. Nor have I fired any of the Rugers - either the SA model or their Redhawk. I do have one of the Marlin 1894FG carbines in .41 Mag and it's a delightful shooter.
With moderate loads, the .41 Mag is about like firing a .45ACP +P load. Not exactly a mild range load, but acceptable and not punishing. Accuracy depends on several factors (see below) but when factory ammo is used the .41 Mag can maintain good groups out to 75+yards with iron sights.
Let's talk ballistics a moment.
You'll hear .44 fans say there's nothing the .41 can do that the .44 can't do better. Well, almost. Ballistically speaking, there's not a huge difference between the two rounds. I believe the edge for penetration goes to the .41 however, as every test I've made with factory ammo shows the .41 penetrating anywhere from 1/2" to 1.75" further, depending on the medium.
There are a lot more loads, bullet weights & designs for the .44 Mag than for it's "Little Brother" the .41. However, the .41 seems to be staging something of a comeback. Speer is offering it's Gold Dot ammo in .41 Mag and S&W has just produced 2 new guns for the caliber. Marlin brought back the .41 lever gun for another production run. Hunters are the primary user of the caliber and claim it's very good on deer sized game. Plus it's potent enough for most bear.
The standard loading is the 210gr bullet at 1300fps / 788 ft-lbs for a jacketed hunting round. Federal has a newer 250gr Cast-Core hunting load at 1250fps / 867 ft-lbs. Speer's 210gr Gold Dot JHP runs 1280/764ft-lbs. Winchester's 240gr Platinum Tip (PTHP) flies at 1250fps/833 ft-lbs and their "lightweight" 175gr SilverTip (STHP) speeds out at 1250fps for 607ft-lbs.
Handloading for the .41 offers a wider variety of bullet choices using cast lead bullets and some jacketed ones. I've used LSWC 200, 215 and 220 grain bullets in the .41 Mag with good results.
The .41 Mag is an unusual critter, in my opinion. If you drive the bullets too slow (under 850fps) accuracy suffers. It seems that the "sweet spot" for most of the bullets tends to be between 1150 and 1450 fps. This may be because of the length-to-diameter ratio of the bullet, but I'm only guessing. At around 1300fps with a 210gr bullet the .41 is plenty accurate, if a tad stout on the wrist.
One local ammo reloader/manufacturer here in CA that I've dealt with who is reasonable is
Load-X. He has .41 Mag (new) with 210gr XTP bullets for $14/50.
Pictures --
Marlin 1894FG .41 Mag rifle and S&W Model 57 (1984)
Close up: S&W Model 57 (1984) Recessed, not pinned.