FWIW, I just acquired some of the new Gold Dot 135gr+P JHP rounds, reportedly specifically designed for "snubby" revolvers, that is, designed to shoot to POA in 1 7/8" barreled S&W J-frames and the like, including Taurus Model 85 and others.
My experience with snubbies over a period of two decades has shown me that they seem to come from the factory made to have POI and POA coincide for 158gr+P LSWCHP, especially for the vertical dimension, and at least approximately in the horizontal (windage is never exactly right, but we're talking about altogether-non-adjustable sights here, after all).
To date, I've found that the various lighter .38 Special rounds, such as the 125gr+Ps, while espoused by some, never shoot to POA for me, but always shoot considerably lower than POA.
I've always favored the 158gr loads, accordingly.
I was pleasantly surprised today to find that the new 135gr+P JHP Gold Dots shoot right to POA in my 340PD.
Spot on.
Felt recoil is trivial, and certainly less than with any of the 158gr loads, which are minimal in recoil, yet the new round has less yet.
The new round has a very large hollow point, and I suspect it may well yield 9mm-style performance out of these little pocket guns.
I can't say anything about velocities, as I don't own a chronograph, and don't have access to one. Maybe someone else can report on this.
A friend of mine had some samples of the new round, in the 50 round boxes apparently initially intended for police sales, which is how I came by it.
I don't know if it's readily available in stores yet, but it's supposedly to be marketed to civilians in twenty round boxes.