Guess it's time to hop into the fray.
Are the new S&Ws inferior. . .as far as performance goes, no. Hate to say it, but if anything they are stronger and more accurate.
Are the new S&Ws inferior. . .aesthetically, yes. OK, the two piece barrel CAN enhance accuracy, and does make it easier to switch out, and is more cost effective, BUT, they decided to choose the UGLIEST darned implementation of it I've ever seen. They should have done a bit more work on the looks of it.
The lock. . .don't like it on a principle level, but I can't blame them. If they want to sell guns in commie states like California, Maryland, Jersey, etc, they have to do it. You can sit back and say "screw 'em if they live in such a state, they should move if they want to buy guns", but that is nothing but selfishness. A lot of people can't move, and why should they uproot their whole lives because you don't like a gun part? Now, they could have thought things through a bit more and just put the thing on the removeable side plate, so you can just switch it out. As it is, you can have a gunsmith remove it and weld up, then buff where the hole was, and not worry about it. Money out of your pocket? Yep, otherwise buy used.
MIM, really isn't a problem if done right. I work with people in that industry, have seen their processes and product. If done right, it just melts the wax compound out of the molded parts, forming the crystaline mettalic structure, which can then be heat treated and stress-relieve, forming a part that has a normal metallic structure. Forged parts will be stronger due to the working of the metal in the forging process, but MIM parts done right will be just as good as parts machined out of bar stock (not forged), which no one has a problem with.
Pinned & recessed? Love it, makes for a classy revolver. But in reality, it's more cosmetic than anything. The pins I can kind of see, but the recesses. . .another 30 seconds on the CNC mill would recess the cylinders.
Now, I DO prefer the older, handfit by craftsman guns. I like my pins and recesses and deep bluing. But, it's all aesthetics. People cry about the prices of S&Ws now. If they still made the P&R guns, and had skilled craftsmen handfitting them, they'd be $1000 or more for the same $650 gun, then we'd hear all the whining people do about the prices of Colt revolvers because they have to be hand fit. So, S&W IS following the wishes of the gun community, because the gun community has sent the message that they are unwilling to pay the skilled workers what they deserve for all that detail work they claim to crave, so the companies (all of them, not just S&W) have to cut corners to make guns that are good, yet still cheap enough to buy. Kind of like the cheap made-inchina crap at wally world, Americans voted with their wallets that they'd rather have cheap crap to buy that will wear out quickly, than to spend their hard earned money paying American workers to make a quality product.
BUT even if the crying stopped and people were willing to pay for the handfitting, there'd still be locks so they could be sold in communist run states.
[/RANT][FLAMESUIT]