The only potentially negative thing I can think of about Taurus is that you would need medium-large hands since the grip is not that small...
I have a Raging Bull in .44mag 6.5" (same frame) and so far it's been a perfect revolver. The only 'problem' I have with it is that it's a bit heavy (55oz) for carry. But that's not a problem with the UltraLight version
BTW they also make a 4in Ultra light stainless version (no picture on Taurus website) and 2.5in versions as well...