John, you and I both know that S&W did not change the manufacturing process to make things better. They did so to lower production costs.
I'm not arguing that lower costs aren't attractive to manufacturers, what I'm pointing out is that lower costs don't always automatically bring lower quality as your comment implies.
The Caspian example applies. I'm sure it costs them lest to supply cast frames in their guns but the user also benefits from a more durable gun in that particular case.
... if there is less handwork, it is of lesser quality.
Sorry Craig, I can't agree. You can't just go around redefining terms to match your opinion. Less handwork just means less handwork. Quality has to do with fitness for use, durability, reliability, etc. Assuming all those "features" still exist at the same levels or perhaps even at greater levels in the final product, saying it's lower quality because of a particular manufacturing technique doesn't wash.
Besides, there's a good argument to be made that handfitting is compensation for poor manufacturing techniques. After all, if parts could be popped out of a magic parts machine exactly the right size, shape and finish there would be no need for handfitting to get them to operate as they are intended to in the first place.
Even Colt has greatly improved their SAA and prices remain comparable to what they once were.
Then logic tells us that they MUST have reduced their costs--thereby, by your definition, reducing quality and making their guns "cheap".
Given that you own exactly zero S&W's, my assumption is that you have no dog in this fight and that your passion is for the argument itself, not the subject matter.
Actually, to the extent that I have a passion that relates to this discussion, it's probably a passion for accurate information.
What your argument is boiling down to is simply that you don't like MIM parts and you don't like guns with MIM parts. It makes no difference to you if they provide the same service life (or even better service life), whether they last as long or longer, whether they are as durable or even more durable. You just do not like them. I have no problem with that.
The problem is that you won't just say: "I don't like them!". Instead you say things like: "They are disposable." (insert personal definition of "disposable" here), "They are lower quality." (insert personal definition of "quality" here.) etc. Nothing triggers my "passion for accuracy", like opinion disguised as objective criticism.