If I had to go to a gunfight with a 38 revolver, and I had to choose between a round nose bullet and a full wadcutter, I would choose the wadcutter.
As has been discussed in great detail above, the wadcutter is not a good defensive load. But compared to a lead round nose, it had advantages. The round nose is probably the worst possible bullet shape for 38 special.
If you were a city cop back in 1958, this might have been your choice... round nose or wadcutter. I am glad that times have changed.
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