Yep, that's why I like it. I used to carry a Model 65, but one day it dawned on me that I only ever carried it with .38 Special +P loads anyway, so why pay the Magnum premium if I never use the feature? One caliber, one point of impact, no durability issues, no chamber rings to worry about after range sessions with .38 Specials...
Besides, there's something undeniably cool about that M10 3"HB. It just says, "we doan need no steenkin' Magnums to get the job done."
My first exposure was on a Service-Six SS from some Federal Dept. tradins. They worked great and I've put them on a couple of others. Need to see if Pachmayr makes something like the Compac for Ruger Blackhawks.