Older .38 revolvers can be problemmatical with +p loads. Generally, any S&W made from 1970 (and even earlier) on can be used with them. Inforamtion has been published on the cut off years for recomended use of +p's.
But higher pressures will shorten a gun's life, and this is something to be considered with +p loads in the j-frames, and analogously, .357 Mag loads in K-frames. Even with beefed-up modern versions, wear and tear will win out. Frankly, I like to limit use of + p loads in even K-frames, if I particualrly prize the specific gun (like my beloved K-38).
I carry 158 LSWC-HP loads in my j-frame, and practice with them some, but restrict it to using a box or two in the gun's lifespan. 99.9% of my practice is with regular pressure loads or reduced pressure handloads. Federal's nyclad 125-grain rounds, loaded to standard pressure, are a good lower-pressure alternative.
I think we need to reconsider these small guns, and use them with longer barrels. A 3- or 4-inch barrel adds velocity and will push a standard pressure load up towards the performance of a +p out of the 2-inch barrels. The extra inch or two doesn't add much to the problem of concealment, and adds to controllability and increased sight radius as well.