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I'm certainly not an expert, but from what I understand, the 1873 action is not nearly as robust as some of the later options (toggle link vs. locking lugs). I was looking at them myself (to complement my .38 revolvers), because the shell lifter design would seem to accommodate both .38's and .357's, but the price kept me away. Ended up with a Rossi, a little rough finish wise, but shoots pretty well!
Gunblast has a pretty good article on them.
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