I have a newer Rossi 92, I bought it used (but like new) for $385 from a local gun shop. Slicked it up for CAS and used it for a year. Switched to a Cody-matic Uberti 1873 which, for me, is much, much faster.
My issue with the Rossi is there is no lever-actuated trigger block, so it is very easy to hit the trigger before the lever is fully closed and the hammer follows the bolt closed and does not fire the round., You have to either have the presence of mind to cock the hammer manually and fire or cycle the lever again, jacking out a live round. The 1873 wont release the hammer until the lever is closed, reducing this issue.
On the downside of the toggle link guns (1866/1873) is if you are running them fast, and your timing is off, you can open the bolt as the round is firing, causing an out of battery discharge, pinching your finger between the trigger an the lever. Note the world record for the 1873 is ten rounds in 1.57 sec. so it is certainly fast enough.
The 45s seem to handle CAS speeds better than the .38/.357, the latter being more OAL sensitive. Guidance from stevesgunz.com can help the 92 run very fast, but operator needs to be more skilled than running an 1873 at the same speed.
If you are not shooting CAS, by all means, the Rossi is a great gun, very strong and not prone to out-of battery firing like the toggle link guns. I still like mine, but dont use it for CAS anymore.