HP-38 is a great powder. I have been loading it a very long time and if you go back to 1987, you're in book so you might have an old book. 5.0 to 5.5 gr HP38/W231 loads have been accepted standard for a long time but it is not JUST the lawyers. Powders change. Work up. I'm rolling back to .45 in the next few months and what I have loaded and shoot is out of book at 5.5. I will start over at 5.0, 5.2, 5.3, maybe 5.5. I'll crono them, check the brass, compare them to rounds loaded in 92 and then decide what I'll be shooting for the next 5-8 years. The testing will be done March 24th, weather permitting. I'll report that night if you can wait. I have an entire day at the range planned with news loads in several calibers. It will be a hoot.
I have seen data that would suggest magnum powders are more marketing than magic. Still, I would not do it unless I had to. I have a .41 Mag. I'll trade you even-up for std if you are anywhere near SW Ohio. There are a lot of nanny's but in this case, if you will not step the powder back, don't use the mags. I suggest you stay in the modern book, I will load no more than a magazine or two at the old load of 5.5 until I have a chance to check it out.