627 Special Edition
There is a third alternative: The S&W 627 Special Edition. Although not listed in Smith's catalog, these are readily available -- including pre-treason manufacture. I am told they are Performance Center made, but cost substantially less. The Special Edition is an all-stainless "N" frame with a five-inch/full-underlug barrel, a gold dot front sight, and an adjustable rear sight. Further, there is some additional laser engraving on the barrel and other cosmetic enhancements.
Based on personal experience, I can assure you the 627 Special Editions are very well made, high-quality and -- like all full-size "N" frames -- very durable, reliable and accurate. I am so happy with this revolver that I own two -- one with S&W/Hogue rubber grips and one with gorgeous wooden "finger grove" grips.
In sum, the 627 Special Edition is very similar to the PC's 627, but is available for hundreds of dollars less.