S&W collectors, like many gun enthusiasts are a funny lot. S&W stopped pinning barrels and recessing cylinders because they served no real purpose and wasted a lot of time and money in manufacture. Post-P&R Smiths are every bit as good as the P&R ones, yet collectors want the P&R guns and will pay a huge premium just to have an older revolver with those features. Why? Because older is better, and the P&R guns have a perceived advantage in quality over the newer, "cheaper" revolvers.
Same with 5-screw revolvers vs 4-screw, or worse yet 3-screw (gasp!) guns...