"ANOKA, Minn. – November 9, 2007 – Federal Premium® has partnered with Ruger® to introduce a new personal defense revolver cartridge designed to deliver 357 Magnum ballistics out of a 32-caliber diameter platform—and with 20-percent less recoil. Federal Premium Ammunition has taken the often underpowered 32-caliber platform and beefed it up to achieve 357 Magnum velocity and energy out of a smaller package. This allows shooters to chamber an additional round in their wheelgun—six shots as opposed to the traditional five-shot cylinder offered in 38-Special and 357 Magnum guns." Well after reading that one might ask, well why not go for the .327? Same power, less recoil, and one more shot out of a snubby? It sounds good on paper to me as a person who is soon to get a Ruger SP101. But in .357 or .327? I dont know. But then again,the round is brand new and relatively untested. Im 95% leaning towards the tried and true .357 but Id figure Id ask about the .327 anyways. I know some people are touting this as another "useless round" trying to fit a job where there is already a bullet, while others are seeing it as a refinement or improvement over existing cartridges. Does anyone else have any personal expirience with this round? http://www.gunsandammomag.com/video/GATV_Federal327/ interesting video on it from guns and ammo magazine.