I recently bought a new Handy in 357 mag.  It is the first one I got made in Ilion NY and I have to admit that if is nicely done and the synthetic stock is much better than the other one I have.  I had to shoot it so took a box of reloads loaded with a moderate charge of Hurco and a 125 gr cast lead flat nose bullet.  It was raining out so I shot on the 50 yard line as the 100 yard range was underwater. I had a 4X Nikon scope on the rifle and shot from a rest.  The results were excellent with several 5 shot groups producing just a ragged hole in the paper with all bullets touching.  For a first attempt and a new rifle to boot I thought that was very good.